In this study, using singleton patent auction price data from Ocean Tomo, LLC, we analyse the effect of firm variables on patent price. Patents owned by small firms attract higher price than patents owned by large firms, if they engage in multi-country filings. The patentsowned by small firms get cited more than the patents owned by large firms. The patents owned by individual inventors attract a higher price than the patents owned by organisations when multicountry filings are not included. We believe that the lack of resources is preventing individual inventors from engaging in multi-country filings and maximising the revenue fromtheir invention. A larger representative data should be used to replicate the results before generalising it