US 8,554,687 B2 · Intellectual property trading exchange and a method for trading intellectual property rights

Abstract

An intellectual property trading exchange is disclosed for facilitating the trading of intellectual property rights. The exchange includes at least one intellectual property license contract relating to intellectual property rights and a forum configured to allow a plurality of participants to trade the license contract. The plurality of participants includes at least one seller, which may be the owner, having the license contract and desiring to trade the license contract. The plurality of participants also includes at least one buyer desiring to obtain the license contract. The buyer may be an investor, speculator, market maker, or arbitrageur, who purchases the license contract to achieve appreciation. The buyer also may be a licensee, who purchases the license contract to practice the intellectual property rights.

Claims27

Dependent claims

An electronic intellectual property trading exchange system for facilitating the trading of intellectual property rights, comprising:

at least one electronic storage device configured to store at least one unitized intellectual property license contract, the at least one unitized license contract relating to intellectual property rights, said at least one unitized license contract comprising the right to practice the intellectual property for a predetermined quantity of instances;
and
an electronically accessible forum, the electronically accessible forum defining at least one regulation of trading and at least one requirement of listing on the electronic exchange, the electronically-accessible forum configured to list the at least one unitized license contract for trading between a plurality of participants, the electronically-accessible forum further configured to facilitate trading at least one additional unitized license contract based on demand of the plurality of participants, including buyers and sellers.

An electronically implemented method for trading at least one unitized license contract relating to intellectual property rights by at least one seller to at least one buyer through an electronically-accessible intellectual property exchange, the method comprising:

storing in a electronic storage device at least one regulation of trading and at least one requirement of listing on the electronic exchange;
storing in the electronic storage device information describing a listing of the at least one unitized license contract, including rights to practice the intellectual property for a predetermined quantity of instances;
storing in the electronic storage device information describing the at least one seller having the at least one unitized license contract relating to the intellectual property rights, the at least one seller desiring to trade the at least one unitized license contract;
storing in the electronic storage device information describing the at least one buyer desiring to obtain the at least one unitized license contract through the electronically-accessible intellectual property exchange;
processing in an electronic device the clearing of the trade between the seller and the buyer of the at least one unitized license contract;
and
storing in the electronic storage device information describing at least one additional listing of the at least one unitized license contract.

4 more elements

An electronically-implemented method for trading at least one unitized license contract relating to intellectual property rights by at least one seller to at least one buyer through an electronically-accessible intellectual property exchange, the method comprising:

storing in an electronic storage device information describing the at least one seller having the at least one unitized license contract relating to the intellectual property rights;
storing in the electronic storage device information describing the at least one unitized license contract, including rights to practice the intellectual property for a predetermined quantity of instances;
storing in the electronic storage device information describing the at least one buyer obtaining the at least one unitized license contract through the electronically-accessible intellectual property exchange;
processing in an electronic device the clearing of the trade between the seller and the buyer of the at least one unitized license contract;
storing in the electronic storage device information describing the at least one buyer trading the at least one unitized license contract through the electronically-accessible intellectual property exchange;
and
processing in an electronic device the clearing of the trade by the buyer of the at least one unitized license contract.

4 more elements

Dependencies are inferred from the claim text.

Intellectual property trading exchange and a method for trading intellectual property rights

Life of this patent

Intellectual property trading exchange and a method for trading intellectual property rights

Life of this patent

Abstract

Claims27