Markets for IP

Lars Alkaersig, Karin Beukel and Toke Reichstein ()
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Lars Alkaersig: Technical University of Denmark
Karin Beukel: University of Copenhagen

Chapter 8 in Intellectual Property Rights Management, 2015, pp 140-154 from Palgrave Macmillan

Abstract: Abstract Markets for IP represent opportunities for firms to reap additional rents from IP or to reach out and harvest further competitive advantages through alternative channels. As we will see in this chapter, one reason for becoming active in markets for IP may be that firms are subject to increasing competitive pressure. One way to harness competitive advantages beyond internal ones is to embark on IP exchange with the licensing or trading of IP rights. However, this is not an easy task and there are many pitfalls and dangers. To facilitate this process, firms often employ IP brokers to identify which IP rights might be valuable for the firm to license and to act as mediators in the process of matching up with the most appropriate partners in a fruitful manner. This chapter discusses some of these issues and presents some thoughts to allow the reader to anticipate some of the dangers and understand how they may realize maximum benefit from IP markets.

Keywords: Intellectual Property; Open Innovation; Apple Computer; External Partner; Traditional Market (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-46953-3_8

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DOI: 10.1057/9781137469533_8

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