Patent license auction

Advanced loop attraction motor with commutator 41 views. Tailgate Table views. Swimmers wing 70 views. Securement of Stacked Intermodal Chassis 68 views. Retarder with springs 76 views. Height adjustable combat training assembly and method of operation 82 views. Future is here 56 views. Expandable, Disposable Roasting Platform 78 views. Floatable collection receptacle 71 views. Toilet Clog Removal Device views. Gioco estivo mare 62 views. It is believed to be the first of its kind in the nation conducted directly by a university, according to Penn State Associate Vice President for Research and Technology Transfer Ron Huss.

All Rights Reserved. From March 31 through April 11, the University will conduct what is expected to be the first of many auction-style events to license intellectual property in a variety of categories. Winning bidders in this first auction will obtain licensing rights to patents derived from faculty research in the College of Engineering. For free. This tool is handy for someone like Sara and various others who would benefit from figuring the value of their IP.

Like other marketplaces, inventorhaus formerly known as Inpama. Inpama offers inventors a guide, aka a few tips, which could help sell their patented inventions faster.

The site is free but not a top choice as it is visually unappealing. Further, there are not a huge lot of patents listed for sale in comparison to the sites mentioned earlier. But if you find a listing that interests you, you can contact the patent owner post filling a detailed form along with the price you are willing to offer.

Negotiations take place either on the portal or offline, and there are no commission fees or hidden costs for either party. PCT XS membership is free. Buyers and sellers can perform extensive searches or post listings after registration. PCT XS also offers this additional functionality where owners could simply type in the PCT number and the company harvests the rest of the relevant data of the PCT application automatically from the WIPO site, including written opinion and search reports.

Committed to being free for universities, Not-for-profit research organizations, and other educational institutions for a lifetime, PCT XS does not guarantee to offer its service for free in the future for other entities. As far as Sara is concerned, she does not have a PCT application, so not the best choice for her.

For others who own one or several PCTs, we totally recommend this one. Launched in , IAM Market is a unique marketplace that falls under both free and paid categories. Free for buyers, a fee involved for sellers. According to a source , these are the very vendors 15 of them IAM reached out to prior it launched its operations.

Only Seven new vendors. The conditions and fee structure of which can be found out by contacting the team at IAM. Contact info here! Buyers are in for a treat at IAM Market, as registration is free, and the sellers are genuine vendors interested in selling their patents. Given that there are only 22 vendors, the technology categories are limited, yet some of the best quality patents for the particular technology could be found for sale here.

BTW, there are no commissions or hidden costs involved, as IAM does not broker any deals or serve as intermediaries. Our bad! All good things come at a cost. In addition to the forum, IP Nexus also hosts a directory for lawyers, a job posting board, and an IP marketplace — featuring for sale patents and other modes of IP protected inventions.

Patent owners are allowed to list their patents post registration, both being free. Anyone post-registration can browse unlimited IP and submit interest in buying any particular IP for free, but it might be the least preferable option. To make the best out of this platform, one ought to pay a price, somewhere in the range of hundred to two hundred dollars. The chart below lists all the membership models available on the platform along with the listing of features that comes with it.

Ask Becker and Malackowski of Ocean Tomo, who created the first live public auction of patents, trademarks, and copyright. The first multi-lot patent auction was held in and it was so popular, patent auctions have become quite the norm. Ocean Tomo holds a lot of auctions, and every time lots are up for sale, Ocean Tomo advertises in print media , notifying everyone about the same. But this is so offline. Worry not, they have an online auction system in place too. Owners who wish to sell patents, have to sign an Ocean Tomo seller agreement whose terms of sale include the inclusion of future related assets.

Post verification, the assets are provided with a transaction serial number and a virtual data room, in which the seller may disclose further details along with the targeted purchase price. Now, though these listings are available for everyone to view, a buyer can bid on a patent only post verification. A buyer is supposed to meet predetermined standards set by Ocean Tomo in order to bid, and after meeting them, credit verification is done, post which the buyer must sign a Bidder Agreement.

Too much work before you bid. But that ensures only genuinely interested parties can become a part of the deal. Everyone wins. Though the official gazette is published every Tuesday, the version containing the aforementioned list is published on a monthly basis, that is on the second Tuesday of every month. No registration required. Idea Connection, in its first look, comes across as any other traditional free patent marketplace.

It is free indeed for buyers, as anyone can easily browse all the listed patents and contact the seller, post registration free. Their model also allows one to become a broker, where a party can reach out to a seller, and negotiate a commission prior linking them directly to the buyer.

The platform, however, does not charge any commission from any negotiation or closed transaction. The site is both buyers and seller friendly with a huge technology listing , and other than generating some revenue from seller side, it is quite a decent consideration.

PS: My colleague asked me what I meant by huge technology listing while reviewing this piece. Good question, Vincy. While reviewing marketplaces for this piece, this was one of the few marketplaces that I came across which offered a listing of patents in broad, extensive categories. Believe it or not, it lists patents in broad categories. If you don't have a patent, bring along a non-disclosure agreement to have people sign before you talk about it. Yes, sometimes the licensee can sublicense the rights.

The grant clause explains whether this is possible. In some cases, patent rights are only part of the deal. A hybrid license includes a patent license and other rights. This allows the licensee to make use of intellectual property rights as much as possible.

This agreement covers any pre-existing intellectual property that a person or company has. It extends rights to using pre-existing intellectual property as you develop a new invention. In the U. They don't have to ask the other owner for permission. They also don't have to share the profits.

They can even grant licenses to other people. However, those licenses cannot be exclusive. This varies by country. Some countries require that the owners share profits. Others require that both parties have to agree on all decisions about the patent. It is important to check joint ownership laws on a per region basis.

To avoid conflict, you need to know everything you are allowed to do in relation to the other owner. It is vital to come to a legal agreement if one partner wants to give exclusive rights to a company. One benefit of a joint ownership is that you can work together to enforce your patent rights.

You can both team up to sue an infringing company. However, both parties must agree on the enforcement in order to move forward. You can ask the other owner to waive their consent when it comes to enforcing your patent.

This must be done in contract form. Once the process is complete, you can enforce your patent without asking the other owner for permission.