Emerging IP Monetisation Solutions: Institutionalization of an IP Exchange

Coming up next week -- indeed, on Wednesday 25 May 2011 at 1730 -- is a seminar on "Emerging IP Monetization Solutions: The Institutionalization of an IP Exchange", the speaker being Gerard Pannekoek (right), Founding President and Chief Executive Officer of IPXI Holdings.

"This paper examines whether moving licensing from the traditional bilateral contract model to an exchange model will lead to more efficient price discovery and, ultimately, more liquidity in the market for IP rights transfer. Using the recently created Chicago based Intellectual Property Exchange International (“IPXI”) as a model, we address the rationale for such an exchange and the mechanisms by which it can operate. We contend that IPXI’s business model, which is built around Unit License Right (ULR) contracts - which may be seen as a paid-up non-exclusive license to the purchaser- addresses some of the current inefficiencies in IP management. However, the market efficiency that is needed to turn IP rights into a liquid asset inevitably takes time to evolve. Without community support for and participation in the exchange, from both buyers and sellers, the market cannot be established".

The venue is Room 19 in the Law Faculty, University of Oxford, and there's an accompanying paper from Roya Ghafele (University of Oxford), James Malackowski (Ocean Tomo) and Benjamin Gibert (University of Oxford) here.

Further details may be obtained here.

Monetising IP in the 21st century: some reading

Two bits of interesting reading: the first, "How are we gonna pay these musicians?", can be found on Music Think Tank (here); it's by musician, writer and business model enthusiast Matthew Hiscock. The second, "A Copyright Battle for the 2010s", was first published by Information Today and is now available online here on AllBusiness.com. This piece, by Michael Baumann, discusses the current challenges faced by publishers in monetising and controlling their intellectual property, presenting some technology solutions.

I've not had time to write anything thoughtful on either of these, and invite any reader with a little time on his or her hands to offer some comments.