The Emerging Patent Marketplace

Tomoya Yanagisawa · Dominique Guellec

48 citations0/0 files storedOECD science, technology and industry working papers

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Intellectual Property and Patents Intellectual Property Law Digital Platforms and Economics

Abstract

Facilitating the mobilisation, sharing, or exchange of patents is increasingly important to promote innovation in this globalised and well-networked world, where the circulation of ideas and technologies is essential to innovation. In the context of open innovation, patents are expected to play a role as a means for transferring ideas and technologies from one entity to another, in addition to acting as a means for excluding others from using companies’ own ideas and technologies. In such a situation, a variety of new entities focusing on patent-related transactions are emerging. Some IP specialist firms seek to monetise patents by creating strategic patent portfolios and licensing them. Others provide websites to establish online marketplaces where patents and ideas could be traded. And still others establish a co-operative venture that buys and licenses patents to its members for defensive purpose. They also include IP investment banks that will lend against the value of IP, and firms that seek to create funds, similar to mutual funds, which allow investors to earn revenue from royalties. These new players now could significantly influence the circulation of patents. It would be important for governments to deepen their understanding of how these new players are performing in the patent transaction markets in order to support their development in the most socially beneficial directions. This may also be important for traditional technology-oriented companies, since the effective use of patent transaction markets will help them improve their innovation process and strengthen their competitiveness. Therefore, analysis of the functions, business models, and activities of IP specialist firms is the central topic of this research.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 48 citations exist upstream.

References

2003Open Innovation: The New Imperative for Creating and Profiting from Technology 2006Open innovation : researching a new paradigm 2004Open Innovation: The New Imperative for Creating and Profiting from Technology 2006Open Business Models: How to Thrive in the New Innovation Landscape 2000Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting 2007The Value of Openness in Scientific Problem Solving 2006The Globally Integrated Enterprise 2008Playing in between: patent brokers in markets for technology

Cited by

2010The OECD Innovation Strategy 2011The Private and Social Costs of Patent Trolls 2018Innovation policies in the digital age 2016Complementarities in the search for innovation—Managing markets and relationships 2013Knowledge Networks and Markets 2015Buyers in the patent auction market: Opening the black box of patent acquisitions by non-practicing entities

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.