Trends In Licensing Electronic Patent Rights

Licensing can be a very lucrative way to make a living.  More power is shifting to owners of patent rights.

Invention licensing is at historic highs in the 1990’s and now. The first million patents were registered in a million years. The most recent million took 7 years. As the world economy shifts, increasing popularity in licensing is expected.

Venture capital is increasing again.  With real estate prices being too high, and the stock market being what it is, investors need good ideas for where to put their money.

Another important trend is to widen what is covered as patent rights. This has resulted in increasingly broad patents and trademarks: for instance, Microsoft attempting to trademark the phrase, "Where do you want to go today?", or sounds (Intel registered a five ring note). One can now license life forms, software and more.

Manufacturers will increasingly rely on licensing. Creative professionals learned to specialize in developing or licensing them their new products. These professionals thrive with independence, made possible by telecommuting.  Without stepping onto the factory floor, they can file patent applications online.  The new product description, and license agreement can be viewed by email.  Factories can take it from there.

The expansion of monopoly rights led to the emergence of organizations specializing in developing and licensing new products.  World business is increasingly focused on getting their hands onto patent rights.

The World is Shifting To Increased Patent Rights