Automated intellectual property licensing
View Patent ↗There is disclosed a website that allows patent licenses to be easily purchased. Through the website, customers can purchase paid-up, lump-sum licenses from the vendors. The website employs standard forms that avoid risks of litigation and the burdens of negotiation.
1. A method of operating a computerized marketplace system comprising
the computerized marketplace system receiving instructions from a vendor to initiate communications for licensing an intellectual property right with plural customers, wherein
the vendor is selected from a vendor database,
the vendor database has stored for each of plural vendors: a name of the vendor,
the intellectual property right is selected from an intellectual property right database,
the intellectual property right database has stored for each of plural intellectual property rights: an identification of the intellectual property right, a description of the intellectual property right, and a scope of the intellectual property right,
the customers are selected by the selected vendor from a customer database,
the customer database has stored for each of plural customers: a name of the customer, and contact information for the customer, and
the vendor database, the intellectual property database and the customer database have relations which provide
associations between the vendors and the intellectual property rights,
associations between the customers and the intellectual property rights, and
pricing indicia for licensing the intellectual property rights to the customers;
the computerized marketplace system causing separate written communications to be sent to the selected customers in accordance with the stored customer contact information, wherein the written communication to each selected customer expresses an offer for the selected customer to purchase a license without identifying the selected intellectual property right or the selected vendor, wherein the written communication includes instructions for the selected customer to log into the computerized marketplace system;
if a given customer logs into the computerized marketplace system, the computerized marketplace system checking if the given customer has accepted a safe harbor agreement, and if not then offering the given customer the safe harbor agreement, wherein
the safe harbor agreement includes mutual promises of confidentiality and mutual promises to not file lawsuits, and
offering the safe harbor agreement is performed without showing to the given customer the identification of the selected intellectual property right or the selected vendor;
the computerized marketplace system receiving the given customer's acceptance of the safe harbor agreement;
the computerized marketplace system providing the given customer with a copy of the accepted safe harbor agreement including the given customer name, the selected vendor name and a date of acceptance;
after the given customer has accepted the safe harbor agreement, the computerized marketplace system providing the given customer with access to a virtual data room, wherein the virtual data room includes the identification of the selected intellectual property right, the description of the selected intellectual property right, the scope of the selected intellectual property right, a form license agreement, and an offer to purchase a license of the selected intellectual property right from the selected vendor at a price based upon the pricing indicia relations for the selected intellectual property right and the given customer; and
the computerized marketplace system receiving the given customer's acceptance of the license agreement and payment of the purchase price, and then the computerized marketplace system providing the given customer with a copy of the license agreement including the vendor's name, a date of acceptance, and the identification of the selected intellectual property right.
2. The method of claim 1 wherein the accepted safe harbor agreement includes a serial number.
3. The method of claim 1 wherein the accepted license agreement includes a serial number.
4. The method of claim 1 comprising the computerized marketplace system making an automated payment to the selected vendor for the given customer's purchase, wherein the vendor database stores instructions for how to make payments to the vendors.
5. The method of claim 1 wherein the vendor database stores a place of residence of each vendor, the method comprising including the place of residence of the selected vendor in the copy of the safe harbor agreement and the copy of the license agreement.
6. Apparatus comprising a nontransitory storage medium storing a marketplace system program having instructions which when executed by one or more processors will cause the processors to operate a computerized marketplace, the instructions of the marketplace system program for:
receiving instructions from a vendor to initiate communications for licensing an intellectual property right with plural customers, wherein
the vendor is selected from a vendor database,
the vendor database has stored for each of plural vendors: a name of the vendor,
the intellectual property right is selected from an intellectual property right database,
the intellectual property right database has stored for each of plural intellectual property rights: an identification of the intellectual property right, a description of the intellectual property right, and a scope of the intellectual property right,
the customers are selected by the selected vendor from a customer database,
the customer database has stored for each of plural customers: a name of the customer, and contact information for the customer, and
the vendor database, the intellectual property database and the customer database have relations which provide
associations between the vendors and the intellectual property rights,
associations between the customers and the intellectual property rights, and
pricing indicia for licensing the intellectual property rights to the customers;
causing separate written communications to be sent to the selected customers in accordance with the stored customer contact information, wherein the written communication to each selected customer expresses an offer for the selected customer to purchase a license without identifying the selected intellectual property right or the selected vendor, wherein the written communication includes instructions for the selected customer to log into the computerized marketplace system;
checking if a given customer has accepted a safe harbor agreement, and if not then offering the given customer the safe harbor agreement, wherein
the safe harbor agreement includes mutual promises of confidentiality and mutual promises to not file lawsuits, and
offering the safe harbor agreement is performed without showing to the given customer the identification of the selected intellectual property right or the selected vendor;
receiving the given customer's acceptance of the safe harbor agreement;
providing the given customer with a copy of the accepted safe harbor agreement including the given customer name, the selected vendor name and a date of acceptance;
after the given customer has accepted the safe harbor agreement, providing the given customer with access to a virtual data room, wherein the virtual data room includes the identification of the selected intellectual property right, the description of the selected intellectual property right, the scope of the selected intellectual property right, a form license agreement, and an offer to purchase a license of the selected intellectual property right from the selected vendor at a price based upon the pricing indicia relations for the selected intellectual property right and the given customer; and
receiving the given customer's acceptance of the license agreement and payment of the purchase price, and then providing the given customer with a copy of the license agreement including the vendor's name, a date of acceptance, and the identification of the selected intellectual property right.
7. The apparatus of claim 6 wherein the accepted safe harbor agreement includes a serial number.
8. The apparatus of claim 6 wherein the accepted license agreement includes a serial number.
9. The apparatus of claim 6 comprising making an automated payment to the selected vendor for the given customer's purchase, wherein the vendor database stores instructions for how to make payments to the vendors.
10. The apparatus of claim 6 wherein the vendor database stores a place of residence of each vendor, and the marketplace system program having instructions for including the place of residence of the selected vendor in the copy of the safe harbor agreement and the copy of the license agreement.