Industry Analysis & Industry Trends
Patent brokers help patent holders monetize intellectual property assets, allows buyers to get new patents quickly and patent holders to sell patents to other organizations. Though demand dipped slightly during the recession, corporate profit and expenditure on research and development quickly picked back up boosting industry revenue; this growth is expected to continue over the next five years.... purchase to read more
Industry Report - Starting a New Business Chapter
The Patent Broker Services industry has a low level of barriers to entry due to the minimal capital investments required to establish a firm. Although industry operators must deal heavily with patent and trademark laws, there are few regulatory and government requirements for firms to enter the industry. Also, due to the highly fragmented nature of the industry and a lack of major players that dominate the industry, new entrants can capture a share of the market by serving a specific geographic region.
However, new entrants into the industry must have extensive knowledge of patent laws as well as transaction and negotiation skills in regards to the sale of patents... purchase to read more