Intellectual property brokering

Intellectual property brokering

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. Sometimes it is useful to think of the sellers and buyers as authors and publishers.

In bringing buyers and sellers together, a 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

Some Intellectual Property Brokers include: Ocean Tomo, www.yet2.com, Innocentive, www.technologytransfer.com, www.iceberg-transactions.com

ee also

* Broker
* Independent software vendor
* Intellectual property
* Software company
* Software publisher


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