METHOD AND ELECTRONIC PROCESSING SYSTEM FOR ROYALTY ALLOCATION
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United States of America Patent
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Issued Date -
Jan 24, 2013
app pub date -
Jul 17, 2012
filing date -
Jul 20, 2011
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method for calculating royalty allocation to a number of licensors includes iteratively the following steps: determining a first value of a share of royalties for each of the licensors based on predetermined criteria; determining a part of the number of licensors as enforcing licensors, based on the determination whether participating in one or more enforcement actions; assigning to each enforcing licensor a second value of a share of royalties based on the royalties paid by those licensees against which the enforcing licensor has participated in one or more enforcement actions; and determining a percentage of royalty to be allocated to each licensor based on the first value and the second value.
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