Intellectual property brokering
Encyclopedia
A intellectual property broker mediates between the buyer and seller of intellectual property
and may manage the many steps in the process of creating a deal. This may include; patents, trademarks, know-how and prototypes.
Inventors are faced with several alternatives to making their invention a commercial success. They can build their own start up company from scratch using their own resources. They can seek government grants (SBIR or STTR) to fund the early stage development of their technology. They can contract with third parties with Venture Capital
or Angel Investors to finance a startup or they can sell or license their products to an existing and established software company. Often inventors are interested in expanding their own intellectual property assets through licensing and acquisitions.
In bringing buyers and sellers together, an Intellectual Property Broker may provide any or all of the following services:
Intellectual property
Intellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...
and may manage the many steps in the process of creating a deal. This may include; patents, trademarks, know-how and prototypes.
Inventors are faced with several alternatives to making their invention a commercial success. They can build their own start up company from scratch using their own resources. They can seek government grants (SBIR or STTR) to fund the early stage development of their technology. They can contract with third parties with Venture Capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
or Angel Investors to finance a startup or they can sell or license their products to an existing and established software company. Often inventors are interested in expanding their own intellectual property assets through licensing and acquisitions.
In bringing buyers and sellers together, an Intellectual Property Broker may provide any or all of the following services:
- initial due diligence
- technology assessment
- market analysis
- value analysis
- competitive analysis
- lead development
- introductions
- lead management
- contract negotiations
- relationship management
See also
- BrokerBrokerA broker is a party that arranges transactions between a buyer and a seller, and gets a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal...
- Independent software vendorIndependent software vendorIndependent software vendor is a business term for companies specializing in making or selling software, designed for mass marketing or for niche markets...
- Intellectual propertyIntellectual propertyIntellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...
- Software company
- Software publisherSoftware publisherA software publisher is a publishing company in the software industry between the developer and the distributor. In some companies, two or all three of these roles may be combined ....