IP Library Patent Application 13599517
Patent Application
App. No. 13/599,517

METHOD AND SYSTEM FOR TRACKING COMPLIANCE OF LICENSEE ACTIVITY WITH LICENSES

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Quick Facts
Patent No.
US None
App. No.
13/599,517
Abstract

Information relating to intellectual property, across one or more intellectual property applications having various types of intellectual property data, can be provided and/or accessed in an integrated manner. Commonality(ies) are determined between disparate intellectual property applications, that may be applied by the intellectual property applications in accessing the intellectual property information. Responsive to a user request, which may include a specified commonality, stored information regarding the disparate data corresponding to the disparate intellectual property applications is retrieved. The commonality is utilized in bridging the gap to the intellectual property data for the disparate intellectual property applications. The bridging is provided by use of a commonality and by an IP engine.

Claims (50)

1 - 20 . (canceled)

21 . A method for administering licenses, comprising:

providing a data store which is configured to store a plurality of license agreements;

providing, in the computer processor device, a schedule of anticipated payments by licensees according to respective schedules in the license agreements; and

tracking, in the computer processor device, actual payments of royalties paid by licensees according to respective schedules in the license agreement.

22 . The method of claim 21 , further comprising

tracking, in the computer processor device, non-compliance with the schedule of anticipated payments by the licensees of the license agreements; and

notifying, in the computer processor device, a licensee, when an actual payment in one of the license agreements is late.

23 . The method of claim 21 , further comprising

including, in the computer processor device, an adjustment to the anticipated payment according to the license agreement, when an actual payment in one of the license agreements is late.

24 . The method of claim 21 , further comprising

grouping, in the computer processor device, intellectual property assets that are to be linked to one of the license agreements.

25 . The method of claim 21 , further comprising

tracking, in the computer processor device, actual activity by the licensee in producing products in connection with one of the license agreements; and

comparing, in the computer processor device, the actual activity by the licensee pursuant to one of the license agreements with the activity permitted under the one of the license agreements.

26 . The method of claim 25 , further comprising

providing, in the computer processor device, a notification when the actual activity by the licensee under one of the license agreements is out of compliance with the activity permitted under the one of the license agreements.

27 . A system, implemented on at least one computer, for administering licenses, comprising:

a data store configured to store a plurality of license agreements; and

a processor cooperatively operable with the data store, the processor being configured to

provide a schedule of anticipated payments by licensees according to respective schedules in the license agreements; and

track actual payments of royalties paid by licensees according to respective schedules in the license agreement.

28 . The system of claim 27 , wherein the processor is further configured to

track non-compliance with the schedule of anticipated payments by the licensees of the license agreements; and

notify a licensee, when an actual payment in one of the license agreements is late.

29 . The system of claim 27 , wherein the processor is further configured to

include an adjustment to the anticipated payment according to the license agreement, when an actual payment in one of the license agreements is late.

30 . The system of claim 27 , wherein the processor is further configured to

group intellectual property assets that are to be linked to one of the license agreements.

31 . The system of claim 27 , wherein the processor is further configured to

track actual activity by the licensee in producing products in connection with one of the license agreements; and

compare the actual activity by the licensee pursuant to one of the license agreements with the activity permitted under the one of the license agreements.

32 . The system of claim 27 , wherein the processor is further configured to

provide a notification when the actual activity by the licensee under one of the license agreements is out of compliance with the activity permitted under the one of the license agreements.

33 . A computer program stored on a non-transitory computer-readable medium with a method for administering licenses, the program comprising computer-executable steps for:

providing a data store which is configured to store a plurality of license agreements;

providing a schedule of anticipated payments by licensees according to respective schedules in the license agreements; and

tracking actual payments of royalties paid by licensees according to respective schedules in the license agreement.

34 . The computer program of claim 33 , further comprising

tracking non-compliance with the schedule of anticipated payments by the licensees of the license agreements; and

notifying a licensee, when an actual payment in one of the license agreements is late.

35 . The computer program of claim 33 , further comprising

including an adjustment to the anticipated payment according to the license agreement, when an actual payment in one of the license agreements is late.

36 . The computer program of claim 33 , further comprising

grouping intellectual property assets that are to be linked to one of the license agreements.

37 . The computer program of claim 33 , further comprising

tracking actual activity by the licensee in producing products in connection with one of the license agreements; and

comparing the actual activity by the licensee pursuant to one of the license agreements with the activity permitted under the one of the license agreements.

38 . The computer program of claim 33 , further comprising

providing a notification when the actual activity by the licensee under one of the license agreements is out of compliance with the activity permitted under the one of the license agreements.