Download this Paper Open PDF in Browser

An Empirical Look at the 'Brokered' Market for Patents

42 Pages Posted: 23 Oct 2017  

Brian J. Love

Santa Clara University School of Law

Kent Richardson

Richardson Oliver Law Group

Erik Oliver

Richardson Oliver Law Group LLP

Michael Costa

Richardson Oliver Law Group

Date Written: October 20, 2017

Abstract

We study five years of data on patents listed and sold in the quasi-public “brokered” market. Our data covers almost 39,000 assets, an estimated 80 percent of all patents and applications offered for sale by patent brokers between 2012 and 2016. We provide statistics on the size and composition of the brokered market, including the types of buyers and sellers who participate in the market, the types of patents listed and sold on the market, and how market conditions have changed over time. We conclude with an analysis of what our data can tell us about how to accurately value technology, the costs and benefits of patent monetization, and the brokered market’s ability to measure the impact of changes to patent law.

Keywords: patent market, patent broker, technology transfer, patent assignment, patent damages, software patents, business method patents, defensive aggregator, patent assertion entity, PAE, patent troll, nonpracticing entity, NPE

JEL Classification: O3, D4, L00

Suggested Citation

Love, Brian J. and Richardson, Kent and Oliver, Erik and Costa, Michael, An Empirical Look at the 'Brokered' Market for Patents (October 20, 2017). Available at SSRN: https://ssrn.com/abstract=3056444

Brian Love (Contact Author)

Santa Clara University School of Law ( email )

500 El Camino Real
Santa Clara, CA 95053
United States

Kent Richardson

Richardson Oliver Law Group ( email )

5150 W El Camino Real
Los Altos, CA California 94022
United States

Erik Oliver

Richardson Oliver Law Group LLP ( email )

5150 El Camino Real, B-21
Los Altos, CA California 94022
United States
+1 (650) 967-6555 (Phone)

HOME PAGE: http://www.richardsonoliver.com

Michael Costa

Richardson Oliver Law Group ( email )

5150 W El Camino Real
Los Altos, CA California 94022
United States

Paper statistics

Downloads
243
Rank
108,053
Abstract Views
777