What Price IP?
Patent Baristas:
Planet Eureka!
In the category of solutions looking for problems to solve, Planet Eureka! is a new on-line marketplace for patents and other intellectual property rights by Eureka Ranch Technologies in Cincinnati, Ohio.
Planet Eureka! Offers the USA National Innovation Marketplace as a way to bring together buyers and sellers of intellectual property. The Marketplace offers a place where inventors, patent holders, and intellectual property owners can post ideas in search of partners, buyers, and licensees.
Access is free to sellers and buyers but future plans include charging for consulting and other services. This site is from Doug Hall of American Inventor infamy.
InnoCentive
Another site, InnoCentive, provides a way for companies, nonprofits, and government agencies looking for solutions to problems to find the people and organizations that have answers. Charges $15,000 to post a problem as well as 40% commission on amount paid to the solution provider.
InnoCentive’s Open Innovation community is a way to get large numbers of members to try to solve some of the problems facing the world today. Those who are successful can win cash awards of up to $1,000,000 for solutions to Challenges. The site is a spin-off of Eli Lilly.
WikiPatents Community
Yet another patent marketplace is WikiPatents Community, which claims to contribute to the US patent system by reviewing issued patents and pending patent applications. WikiPatents features a wiki-like interface to review, rate, and discuss patents — plus free patent PDF downloads, file histories, and advanced patent searching.
The site also offers WikiPatents Marketplace, where companies can list patents for sale. IP is listed using various package deals ranging from $89/month to $1999/year.
What’s not clear is how members are able to vote on the value of any particular invention. The numbers for estimated value, royalty rate, market share and market size seem to be pulled from thin air. My…