Turning ideas into assets
 

What is trading IPR?

Trading IPR is:

  • Buying patents, utility models, trademarks and designs
  • Selling patents, utility models, trademarks and designs
  • Licensing (selling licences) of patents, utility models, trademarks and designs
  • Licensing (buying licences) of patents, utility models, trademarks and designs

Trading IPR covers both the transfer of rights via buying or selling, as well as buying and selling the licences to exploit the IP rights.

By trading your IP rights, you can exchange knowledge with other businesses and in this way exploit and/or build upon the other party's new development, in the same way as others can gain the benefit of your developed knowledge.

You can, for example, trade IPR to gain access to another party's technology so that you can improve your own development of a product or to generate income from a right that your business no longer uses, but which others may find useful in their development.

It is therefore a good idea to actively take a position on how you can exploit the options for buying rights from other parties or selling your own IP rights.