June 5, 2017

Revolutionary economic results

Establishing an IP transaction system based on TRAND terms would launch a new era of licensing transactions by increasing licensing partnerships. Forrester Research estimates that US firms alone “… annually waste $1trn in underused IP assets by failing to extract full value through partnerships”. The Open Register of Patent Ownership reported that 6% was the average amount that patent licensing would increase if there was greater transparency and openness according to a survey of corporate executives. “[T]he total value of patent licensing as a contribution to GDP could be 25 times the revenues generated by the licensor.” “[I]ncreased licensing worth $30bn would deliver wider economic benefits of around $300bn annually.”

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When we join together as members of the IP community and share licensing data via Royalty Sunshine Enterprise (ROSE), we level the playing field and reduce litigation and licensing transaction costs for everyone.
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