the emergence of an ip marketplace

The emergence of an IP marketplaceJames Nurton, Managing Intellectual Propertywww.managingip.comwww.managingip.cn

Today’s technology

Trends in IP and technology

Rapid advance of technology

Investment in IP rights

Development of global trading

Emergence of new business models

Challenges posed to IP system

Global trends in IP filing

Source: WIPO

Globalisation

Patent applications in Asia and EPOEvolution of filing figures (2000-2010)

Source: EPO

East Asian filings at EPOEvolution of East Asian filings at the EPO (2000-2010)

Source: EPO

IP exploitation strategies

Protect innovation

Licensing/cross-licensing

Standards and patent pools

Litigation threats - IP trolls

Patent poker

Growth of global licensing

Source: WIPO

Recent patent-related deals

Motorola Mobility - $12.5 billion

Patents sold in auction - $4.5 billion

Patents for sale - estimated $3 billion

Smartphone patent wars

Considerations for acquirers

Quantity of IP rights

Quality of portfolio

Leverage with competitors

Compatibility with strategy

The new IP marketplace

Private deals

Standards-setting bodies

(Public) auctions

Dealmakers - IP brokers

Problems posed by IP growth

Backlogs/delays

Difficulty of accessing information

Challenge of valuing IP assets

Need for patent law reform

Competition concerns

How to overcome the barriers

Greater transparency

More cooperation

Harmonisation of laws and practices