Why is the exchange model appropriate for the licensing and enforcement of patent portfolios?
• It allows for transparency in licensing and enforcement of valuable IP • Standardized exchange offerings and secondary market transactions avoid the cost and trouble of having to create bespoke bi-lateral contracts between licensee and licensor • Exchange-based price discovery enables ULR contract buyers to purchase licenses at market-determined prices • Open exchange access enables all qualified buyers to obtain licenses • The exchange platform allows for ULR contract owners to purchase on an as-needed basis and/or sell in the secondary market • The exchange model allows for the collection and dissemination of ULR contract consumption data