I recently received notice about the next round of upcoming IP Auctions.
As I’ve written in previous posts, Ocean Tomo’s IP auctions are more evidence of the strength of the Open Innovation trend. That these auctions are gaining in popularity indicates a healthy market for technology transfer. (By the way, the Ocean Tomo 300 Patent Index outperformed the S&P 500 by more than 1,000 basis points in its first year!)
The two upcoming auctions are:
April 1-2, 2008 in San Francisco
June 25-26, 2008 in Amsterdam.
Areas of interest that Ocean Tomo has put in its "open call" are:
- Digital Music & Video
- e-Commerce & Web Services
- Insurance & Financial Services
- Integrated Circuits & Semiconductors
- Integration Technology
- Interactive TV & VOD
- Online & Mobile Advertising
- RFID & Barcode Technology
- Security/Digital Rights Management
- Social Networking & Web 2.0
- User Interface Technology
- Wireless/Network Communications
These auctions were born to bring a forum for the exchange of intellectual property to the marketplace. Ocean Tomo's website explains that it (an "Intellectual Capital Merchant Banc firm that specializes in understanding and leveraging Intellectual Property assets") aims to bring a "sense of urgency and closure to IP transactions, create a center for IP liquidity, and effectuate transparency for a market in which none has historically existed."
This is a bold mission, but I think they are actually accomplishing it.
(Look for Part 2 of my "greening" of Walmart post later this week.)