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Markets for IP

In: Intellectual Property Rights Management

Author

Listed:
  • Lars Alkaersig

    (Technical University of Denmark)

  • Karin Beukel

    (University of Copenhagen)

  • Toke Reichstein

    (Copenhagen Business School)

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.

Suggested Citation

  • Lars Alkaersig & Karin Beukel & Toke Reichstein, 2015. "Markets for IP," Palgrave Macmillan Books, in: Intellectual Property Rights Management, chapter 8, pages 140-154, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-46953-3_8
    DOI: 10.1057/9781137469533_8
    as

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