David B. Francom, M.S., Ph.D

dfrancom@appliedeconomics-llc.com 801-808-5157

David Francom has more than 25 years of business, economic consulting and teaching experience. He specializes in economic analysis involving intellectual property and complex commercial litigation for diverse industries including pharmaceutical, medical devices, technology, heavy equipment, entertainment, financial services, and food processing.  He has served in managing positions at LECG and Campos & Stratis prior to founding Applied Economics Consulting, LLC.  Dr. Francom has extensive experience analyzing and calculating damages associated with patents, trademarks, trade secrets, copyrights and breach of contract.  He has provided numerous economic analyses and litigation support strategies for intellectual property and complex commercial litigation matters.  His experience includes analysis of lost profit damages, demand, market share, reasonable royalties, unjust enrichment, and providing expert testimony at deposition and trial.

Dr. Francom has also worked in the investment brokerage and banking industry and has been licensed by the NASD as a registered representative and general securities principal for equity and debt securities, options and futures. He also teaches courses in economics and statistics and has served as university Director of Academic Affairs. He has presented nationally and internationally on innovation methods and intellectual property.

Consulting and Litigation Experience

 Economic Consultant              AE Consulting, LLC                2013 – present

Provided economic and litigation consulting services.  Calculate damages associated with intellectual property including lost profit damages, market share, and reasonable royalties.

 Senior Managing Consultant                      LECG                     2008 – 2009

Led and managed large scale litigation and consulting projects including patent infringement, royalty disputes, breach of fiduciary duty, and business alter ego engagements;

Analyzed lost profit damages, market share, reasonable royalties, unjust enrichment, and provided expert testimony at deposition and at trial.

Economist                                Campos & Stratis, Utah                   2000-2007

Led numerous intellectual property and complex commercial litigation matters;

Provided consulting services for firms in diverse industries including pharmaceutical and medical devices, sports equipment, entertainment, oil drilling, financial services, and complex commercial litigation;

Calculated damages associated with patents, copyrights, trademarks, trade secrets and breach of contract;

Analyzed lost profit damages, market share, reasonable royalties, unjust enrichment, and provided expert testimony at deposition and at trial.

 Academic Administration Experience

Director of Academic Affairs                                                           2010 – 2017

College Chair, School of Business        U. of Phoenix/Utah Campus

Managed up to 110 faculty and 4,000 students– responsible for team of governing area chairs, faculty quality reviews, faculty annual reviews, university assessment requirements and faculty training;

Responsible for meeting campus accreditation requirements; hiring and training faculty

Supervised implementation of new online platform;


PhD, University of Utah, 2012              Economics

Field Emphasis: Industrial Organization, Finance

MS, University of Utah, 1987                 Economics

BA, University of Utah, 1982                  Spanish

Presentations & Publications

Aligning Assessment-using workshops to bring about more closely aligned assessment between faculty and Pre- and Post- Alignment Training results and how to better align assessment (round-table) with Jordan Fuller, CPA, 2016 Assessment Conference University of Phoenix, Chicago, IL, April 21, 2016.

Technology-based Classroom Assessment Techniques, with Richard Jaussi, MBA, 2016 Assessment Conference University of Phoenix, Chicago, IL, April 22, 2016.

New Method of Innovation in Biotechnology, Conferencia Internacional Alternativas de Desarrollo Sostenible, Quito, Ecuador, June 7, 2012.

Francom, D. B. Free love, Linux and leishmaniasis: Developing a business model for communitarian innovation [dissertation]. Ann Arbor: The University of Utah; 2012.

Valuing Intangible Assets for Litigation Disputes and Financial Reporting, course presenter, National Association of Certified Valuation Analysts (NACVA), Phoenix, AZ, September 2007

Overview of the VC Environment, discussion Panel Moderator, Licensing Executives Society (LES), Salt Lake City, UT, June 2006


English, Spanish


Member of American Economic Association and The Federalist Society

Judge for 2016 and 2017 Licensing Executives Society Foundation International Business Plan Competition

Arbitrator for Financial Industry Regulatory Authority (FINRA)

Previous Faculty Adviser for School of Business Honor Society, Delta Mu Delta

Previous volunteer instructor for English as a Second Language for immigrants

Previous Chair/President for international non-profit charitable organization, Children’s Advocate