Patent Exchange. A future in IPR trading?

Market mechanisms applied to IPRs could see an “acceleration in the pace of innovation” according to an article in the NYTimes last week.  The idea is that if a market place for patents could develop, there could be a decrease of patent litigation.  Independent inventors could sell off their patents in the hope they would receive a “faster, simpler and less risky payoff“.

The Rational Patent Exchange was quoted in the article as an illustration of one of the emerging players in this market.  The long-term vision of the organisation is to ensure:

“the patent holder is fairly compensated, but the corporate users have access to technology with minimal transactional costs”

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