A maximum of 5 years can be restored to the patent. In all cases, the total patent life for the product with the patent extension cannot exceed 14 years from the productâs approval date, or in other words, 14 years of potential marketing time. If the patent life of the product after approval has 14 or more years, the product would not be eligible for patent extension.
It overcomes. disbelief that there are, by example, other ways of achieving and creating. overall enhancement of an organization (Fuller, 1997). Types of benchmarking. There are four different types of benchmarking which consist of: internal. benchmarking, competitive benchmarking, functional or industry.
PME Methodologies. The common basis of PME methodologies is to calculate an alternate internal rate of return (IRR) by applying the investment cash flows of the private equity investment to a reference benchmark. Alpha is then heuristically determined as the difference of the actual private equity IRR and the alternate PME IRR. mPME.