INTELLECTUAL PROPERTY TRADING EXCHANGE
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United States of America Patent
Stats
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N/A
Issued Date -
Dec 1, 2011
app pub date -
Jun 27, 2011
filing date -
Apr 18, 2005
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system and method for operating an exchange for the trading of intellectual property rights through the exchange are disclosed. The method includes: storing in a computerized storage device in communication with a microprocessor information describing an intellectual property portfolio and using the microprocessor to determine whether to list on the exchange unitized license rights relating to the portfolio; storing in the storage device information describing a listing on the exchange of the unitized license rights, the listing including initial pricing information; storing in the storage device information describing an insurance policy guaranteeing a minimum value of the unitized license rights; storing in the storage device information describing a change in the pricing information relating to the unitized license rights;and processing in the microprocessor changes in the pricing information relating to the unitized license rights to determine whether the value has sufficiently decreased to trigger the insurance policy.
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