IPwe Patent Licensing
IPwe makes it simpler, faster and far less expensive to license patents for all parties involved.
IPwe makes it simpler, faster and far less expensive to license patents for all parties involved.
Tends to be a “reactive” and largely manual process
The licensing market exhibits a “demand” or “buy side” problem, but most solutions focus on “supply” issues
Cost and resource commitments constrain the market and deter transactions in the “middle market”
Transactions costs are too high
Some transactions require extensive human interaction – many do not
A predictable and extremely low cost of transaction
A set of no cost AI-enabled analytic tools and features designed to make the process less resource intensive and help you identify potential licensees, and identify patents you should consider for license
Tools to help you organize the licensing process, including pre-populated customizable forms, and form agreements
Built in contract management in your forms or ours that handle notice, payment and required future actions, with rules set by you that save time and money
Patent Owner licenses Licensees under selected patents
Patent Owner collects payments / royalties from Licensees
Licensing Smart Contract governs:
• Automatic execution, including payment
• Identification of patents
• Terms of License
• Whether any terms are made public or not
IPwe Platform provides:
• Analysis
• IPwe Smart contracts
• Title verification
• Reporting
• Annuity payment
• Royalty administration
• Transactional support
How does IPwe expedite the transaction process and reduce the resources required to complete a license for all parties
Identification of patents Licensor desires to License
Tends to be a “reactive” process and largely manual process based on changes in business and views on core and non-core patent assets
AI assisted process where you can become more proactive and stay on top of candidates to be licensed with fewer resources
Identification of patents a Licensee may desire to obtain a license under
Largely a manual process where the potential Licensee must research and identify potential licensing candidates or individually assess patents being asserted
AI assisted process where you can quickly identify potential licensing candidates and complete a high-level review of their attributes in a fraction of the time
Licensor diligence
A manual process
Other than encumbrances, an AI driven process
Data Room
To be set up manually
Part of the IPwe Platform
Contract preparation
A manual process
IPwe provides the ability to use both standard agreements and a licensor’s preferred forms
Payment Processing
Parties have to organize invoicing and order a wire payment and check its proper execution
IPwe Platform invoices, processes payment and automates patent assignment upon payment receipt
Royalty Management
A manual or outsourced process
IPwe automatically tracks reporting obligations and processes royalty reports and payment
Contract Compliance
Contract includes only non-self-executing provisions
Automated tracking of payments and execution of what the contract commands pursuant to smart contracts
Contract Management
Up to parties to manually store contracts
IPwe provides parties with a life-long secure contract repository
Shop for patents. Here's a list of recent patents to hit the market.