Method and apparatus for generating and evaluating ideas in an organization
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Dec 25, 2012
Grant Date -
Jul 16, 2009
app pub date -
Dec 15, 2008
filing date -
Dec 18, 2007
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
The present invention discloses a method and apparatus for generating and evaluating ideas within an organization through an idea market. It includes an automatic price-setting mechanism that modifies the share-price at the same instant that a trade is made, yet without the assistance of a market maker or a queue of orders. The instant price-setting is achieved by assuming a pre-defined relationship between the quantity of shares in the order and the average share price for that order. This relationship is the price-quantity function. The present invention also includes a mechanism of weighted parameters to modify the share-price in addition to pure supply and demand. The parameters can be adjusted over time in a neural network to optimize the relationship between the share price and the prediction of the actual idea value.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully