Where is the eBay for Intellectual Property?

Authors

  • Matthew B Klusas American Type Culture Collection (ATCC)
  • Raymond H. Cypess ATCC
  • Seth Rosenfield Genesis Revenue Partners
  • Adam Gerstein Genesis Revenue Partners

DOI:

https://doi.org/10.5912/jcb646

Keywords:

intellectual property, technology transfer, intellectual property exchanges

Abstract

This paper is an examination of the economics, organizational dynamics and structural factors inhibiting an electronic market for intellectual property.  Several intermediaries exist to facilitate the transition of intellectual property (IP) from sellers to buyers.  Over the past 20 years, a number of companies attempted to create an online “eBay for IP.â€Â  These IP Exchanges (IPEs) failed to gain traction in competition with other mediums that provide channels to facilitate IP transactions.  Compounding the problem is the concentration of intellectual property assets amongst a small group of institutions and within those institutions as well as organizational hurdles inherent in academic technology transfer offices.  As a result, the business model for an online IPE market is fundamentally challenging, and no successful IPE exists to date.

Author Biographies

  • Matthew B Klusas, American Type Culture Collection (ATCC)
    Senior Director of Corporate and Business Development for ATCC, an independent, private, non-profit Biological Resource Center.
  • Raymond H. Cypess, ATCC
    Chairman and CEO of ATCC.
  • Seth Rosenfield, Genesis Revenue Partners
    Managing Partner at Genesis Revenue Partners
  • Adam Gerstein, Genesis Revenue Partners
    Managing Partner at Genesis Revenue Partners.

References

Are there "Institutional Failures" in Intellectual Marketplaces? Anderson, Rosli, Rossi & Yangsap. 2013. No. 2, 2013, Vol. 30.

AUTM - Association of Technology Managers. 2009. AUTM Transaction Survey. 2009.

AUTM, Association of University Technology Managers. 2011.

AUTM Transaction Survey. s.l. : AUTM, 2011. Industry Survey.

Millien, Raymond. 2013. Landscape 2013: Who are the Players in the IP Marketplace? IP Watchdog. January 23, 2013, pp. 2-12.

The evolution of science-based business: innovating how we innovate. Pisano, Gary. 2, s.l. : Industrial and Corporate Change, Vol. 19.

The IP Spinout Model. Houghton, Lalande, Miller and Redmond. 2001. s.l. : Harvard Business School, 2001.

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Published

2014-04-01

Issue

Vol. 20 No. 2 (2014)

Section

Intellectual Property Management