Asia’s patent brokers pick up the pace
Selling patents on the open market in the United States is getting more difficult and less lucrative. Over in Asia, though, local brokers are busier than ever
Not so long ago, the Asia-Pacific region was seen as a backwater for patent transactions. Japanese, Korean and Taiwanese firms appeared focused on amassing patents in order to secure freedom to operate and stockpile assets for cross-licensing negotiations. For a variety of reasons, buying and selling patents did not feature prominently in their IP strategies, while the idea of generating income from licensing to third parties was low on the agenda – if it appeared at all.
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