Features

Extinction-level event: out of adversity, opportunity

By David Kline

Recent developments mean that established, assertion-based patent monetisation models in the United States face a potentially bleak future. However, this could encourage new types of businesses that revitalise the bond between patents and invention

The gentleman stood quietly dignified, gazing around the room at all the eager young deal makers networking with one another at IPBC Global in San Francisco in June. He had witnessed this sort of scene before – indeed, he had been there at the birth of the IP monetisation industry itself, helping to transform patent licensing from an ancillary function of technology-centric companies into a highly lucrative standalone business. He was, you might say, one of the original 49ers (along with Marshall Phelps) in the patent licensing gold rush, and he had made a great deal of money for himself and others.

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Issue 89
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