California-based Pl-x.com
The intellectual property transfer market is now estimated to be worth over $100 billion. If you have a new idea, an invention,christian louboutin outlet, a new art or craft, you may be able to license it or sell it for millions of dollars. Many Fortune 500 companies are
now making their intellectual property available for sale or licensing at new online intellectual-property exchanges,christian louboutin pumps. These companies are trying to maximize their return on research and development investment and generate a new source of
revenue by licensing their unused and underutilized inventions to others.
A number of online forums,red bottom shoes, including Minnesota-based NewIdeaTrade.com
(http://www.newideatrade.com ), California-based Pl-x.com (http://www.pl-x.com ), and Connecticut-based PatentTriage.com (http://www.patenttriage.com ) now link buyers and sellers of intellectual property,christian louboutin shoes. The traditional transfer of intellectual property is complicated, costly, and can take up to one year,christian louboutin discount. However, these online forums simplify and speed up the process for transfer of new ideas.
The Internet currently reaches more than 600 million users around the world. This makes innovators’ potential for exposure much higher than with
traditional forms of media. The worldwide online commerce has reached $2.2 trillion in 2002 and is expected to reach $6.8 trillion by 2005. The
innovators today can leverage the massive reach of the Internet and promote their new ideas to the global market without substantial marketing
costs.
Additional information on how to market intellectual property is available at http://www.newideatrade.com.
Article Tags: Intellectual Property, $100 Billion
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