INTELLECTUAL PROPERTY AS A FINANCIAL ASSET OMER HIZIROGLU © 2015 OMER HIZIROGLU, CLP General Partner
What is this? Human-Machine Collaborative Robotic Systems. John Hopkins University
So is this?
Difference? Patent as a financial instrument vs. Financial services patents Challenge in financial service patents: Software Business methods
Patent as an asset Right to exclude & right to practice IP driven competitive advantage Financial asset in balance sheet As a startup capital Value driver in a cross-licensing negotiation But also a strategic value: Offensive & Defensive Financial asset? Free transfer What other value?
Monetizing patents without practicing NPEs Evil trolls? Necessary evil? Part of the ecosystem? What is the NPE business model? Enforcement But also adding on innovation and licensing Remember: Universities are NPEs
Response Defensive aggregators
PATENTS and TRADING IPXI
INVESTMENT CONSORTIUMS Rock Star
OTHER OPPORTUNITIES Osage Partners
GENERALLY SPEAKING When it comes to IP, one must look beyond the 4 corners of the patent document It is not just a symbol of an entities’ innovative capacities It’s the result of a systematic, long term strategy It’s the strategy that creates the patent portfolio, not the other way around Final note on valuation challenge: Difficult and dangerous game for early stage technologies Bubble (we are in a sellers market)
REFERENCES FOLLOW: IAM MAGAZINE People who turn IP into gold: IAM 300: LES NOUVELLES TO GET INVOLVED: LES TURKEY.
Thank you. Omer Hiziroglu, CLP Partner, DCP