How does a company know if any of its patents are good ULR contract candidates?
• IPXI works with the IP owner and its IP advisor to identify patents within the company portfolio that may be worthwhile ULR candidates • IPXI works with the IP advisor to conduct market research to determine if a sufficiently robust market for the IP exists, including searching for potential licensees • IPXI works with the IP owner and its advisors to determine a reasonable initial offering price, taking into consideration relevant industry royalty rates and potential demand for the technology among likely ULR contract buyers. A reverse or “Dutch” auction may be used to validate pricing and assure greater market acceptance.
