MONETIZING PATENTS TRADING INNOVATION THROUGH PATENT AUCTIONS ANDRZEJEWSKI A. Księgarnia

Monetizing Patents

Trading Innovation through Patent Auctions

In our knowledge-based economy, Intellectual Property has become a strategic asset for national industrial policy, corporate competitiveness, and long-term economic growth.

Adam Andrzejewski explores the growing trends in IP commercialization, particularly those emerging from patent auctions.

Author explains how the global patent marketplace facilitates and enhances the monetization of innovations. The book details how patent regimes, including enforcement instruments, positively impact business opportunities.

Lawyers, corporate leaders, academicians, and policymakers will all benefit from the insights from the book's law and economics approach to patent auctions.

Foreword
Acknowledgments
List of abbreviations

CHAPTER I. Introduction
I. Patent Commercialization in the Knowledge-Based Economy
II. Focus of the Book
III. Overview of Themes and Content

CHAPTER II. The Rise of the Patent Marketplace
I. Creating a Patent Market in the Knowledge-Based Economy
A. The Concept of Patent Rights
B. Legislative Reform of the Patent Regime
C. Diff erent Ways of Monetizing Patents
D. Increasing Economic Importance of Intellectual Property
E. The Open Innovation Paradigm
1. The Emergence of the Open Innovation Paradigm
2. Patents and the Framework of Open Innovation Paradigm
3. Patent Sale and Patent Licensing
F. Patent Monetization Mechanisms
1. General Concerns
2. Generating Profit from Patents
a. IBM Patent Licensing Programs
b. Settlement in Blackberry Patent Case
c. Nortel Bankruptcy Patent Auction
3. Patent-Based Business Models
a. Traditional Patent Management Mechanisms
I. Effective Patent Portfolio Management
II. Patent Valuation Services
III. Licensing Patent Rights
IV. Patent Infringement-Related Services
b. Patent Trading Models
I. Patent Brokers
II. Online Patent Trading Platforms
III. Technology Transfer Intermediaries
IV. Financial Exchange for License Units
c. Patent Sharing Mechanisms
I. Patent Pool Administrators
II. Patent and Technology Development
III. Patent Aggregation and Enforcement
IV. Patent Funds and Alliances
d. Patent-Based Financing
I. Patent-Based Mergers and Acquisitions
II. Patent-Intensive Investment
III. Patent-Backed Loans
IV. Patent-Backed Securitization
V. Patent Litigation Insurance
VI. Patent-Based Public Stock Indexes
G. Developments in the Patent Monetization Environment
II. Multi-Lot Patent Auctions
A. Auction Model
1. Origin and Strategic Applications of Auctions
2. Canonical Auction Categories
B. Patent Auction Format
1. Auction Announcement and Rules
2. Seller Registration and Submission of Patents
3. Catalog Publication
4. Buyer Registration
5. Due Diligence Proceedings
6. Auction Event
7. Bidding Procedures
8. Contract Signing, Transfer of Ownership and Payments
9. Post-Auction Sale
10. Announcement of Subsequent Auction
C. Designing Auction for Patent Monetization

CHAPTER III. Patent Asset Standardization through Legal
Regimes
I. Patent Exclusivity
II. Development of Patent Rights
A. Defi nition of Patent
B. Origins of Patent Law
C. Justifications for Patent Protection
1. Economic Incentive Theory
2. Natural Right Theory
3. Traditional Reward Theory
4. Prospect Theory
5. Social Contract Theory
6. Development and Commercialization Theory
III. Patent Protection and Standardization
A. Patent Registration and Assignment
B. International Legal Framework of Patent Rights
1. The Paris Convention for the Protection of Industrial
Property
a. Principle of National Treatment
b. Principle of a Right of Priority
c. Other Principles
d. Drawbacks of the Paris Convention
2. The Patent Cooperation Treaty
3. The Agreement on Trade-Related Aspects of Intellectual
Property Rights
4. The Convention Establishing the World Intellectual Property
Organization
5. The European Patent Convention
6. Unitary Patent Protection for the European Union
C. Substantive Standardization of Patents
1. Terms of Patent Protection
2. Protectable Subject Matter of Patent Protection
a. Technical Invention
b. Novelty Requirement
c. Inventive Step/ Non-Obviousness Requirement
d. Industrial Application/ Usefulness Requirement
3. Exceptions and Limitations to Patent Rights
4. Biotechnological Inventions
5. Software-Related Inventions and Business Methods
D. Procedural Standardization of Patents
1. General Concerns about National Patent Application
2. European Patent Law
a. European Patent Application
b. Patent Vindication
c. Opposition Proceedings before the European Patent Office
3. United States Patent Law
a. United States Patent Application
b. Reexamination Proceedings
4. International Patent Application
E. Patent Infringement Proceedings
IV. Patent Valuation
A. Attempts to Standardized Patent Valuation
B. Reasons for Pricing Patents
C. Complexity of Patent Asset Valuation
D. The Role of Standardized Patent Data in Patent Valuation
1. Patent‘s Bibliographic Information
2. Technical Description of the Claimed Invention
3. Legal Value of Patent Rights
E. Methods for Patent Valuation
1. Quantitative Evaluation Methods
a. Cost-Based Methods
b. Market-Based Methods
c. Income-Based Methods
2. Patent Valuation through Indicators
a. Patent Backward Citations
b. Patent Forward Citations
c. Patent Family Size
d. Patent Age
e. Number of Technological Classes
f. Number of Inventors
g. Number of Patent Claims
h. Litigated Patents
V. Patent Law Standardization Supporting Patent Valuation

CHAPTER IV. Patent Auctions on the Patent Market
I. Characteristics of Patent Market Imperfections
A. High Transaction Costs
1. Screening Costs
2. Information Costs
3. Contracting Costs
B. Non-Transparent Marketplace
C. Difficulties in Identifying the Value of Patents
II. Reasons For Trading Patents at Patent Auctions
A. Reasons on the Supply Side of Auction‘s Participants
B. Reasons on the Demand Side of Auction‘s Participants
III. Successfully Conducted Patent Auctions
A. Results on an Auction-By-Auction Basis
B. Summary Finding of the Past Patent Auctions
C. Offered Lots by Industry
D. Actors in the Patent Auction Marketplace
1. ICAP Ocean Tomo and Other Players
2. Patent Sellers
3. Patent Buyers
IV. Auction Model as a Support for Patent Monetization
A. Marketing Opportunities Attracting Numerous Participants
B. Transaction Cost Reduction
C. Patent Lots Offered for Sale
D. Transaction Timeline
E. Efficient Valuation and Pricing Mechanism
F. Participation of Qualified Bidders
G. Fixed Transaction Structure and Rules
H. High Level of Bidders Anonymity
I. Transparency and Non-Discriminatory Nature
J. Patent Auctions in the Light of the Open Innovation Paradigm
K. Impact on Patent Liquidity
V. Auction Model as a Barrier to Patent Monetization
A. Insufficient Time for Conducting Due Diligence
B. Limited Offer and Transaction Volume
C. Possibility for Patent Trading Beyond Auction Floor
D. Limited Impact on Patent Value Discovery and Transaction
Costs
E. Lack of Control Over the Choice of Patent Purchaser
F. Format not Suitable for all Types of Technology
G. Participation of Non-Practicing Entities
VI. Prospective Improvements of the Patent Auction Format
VII. The Impact of the Legal Framework of Patent Regimes on Trading Patents
A. The United States Phenomenon of Patent Auctions
1. Participation of Intellectual Ventures
2. The Rise of Non-Practicing Entities
a. Definition of Non-Practicing Entities
b. Industries With Non-Practicing Entities
3. Litigation Involving Auctioned Patents
4. Incentives Created by the United States and European Patent
Systems
a. Scope of Patentability
b. Non-Obviousness Requirement
c. Patent Litigation System
I. Fragmented Structure of Patent Judicature in Europe
II. Nullity Actions
III. Awards of Damages
IV. Availability of Injunctive Relief
V. Contingency Payments
VI. Loser-Pay System
VII. Litigation Costs
d. Patent Quality
B. Patent Auctions‘ Impact on the New Patent Monetization
Mechanisms
1. Patent Auctions as a Stage of Patent Market Developments
2. Covenants Not to Sue Auctions
3. Online Trading Platforms
a. Patent/ Bid-Ask Transaction Platform
b. The Dean‘s List Online IP Exchange
4. Flat-Rate Patent Acquisition Service
5. Patent Value Funds
6. Exchange-Traded License Units
a. Patent-Focused Financial Exchange
b. Concept of Exchange-Traded License Units
c. Contract Mechanism
d. Benefits of Exchange-Traded License Units
VIII. Patent Auctions as Novel Patent Monetization Model

CHAPTER V. Conclusion
I. Summary
A. Economic Conditions on the Patent Auction Marketplace
B. Legal Framework for Patent Auctions
II. The Prospects and Challenges
A. Towards Unitary Patent Protection in the European Union
B. Institutional Support for a Functioning Patent Market

Bibliography

340 pages, Paperback

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czy wybrany tytuł polskojęzyczny lub anglojęzyczny jest aktualnie na półce księgarni.