The bottom line is that trading is based in
trust, regardless the legal tender or commodity being use to back it. Basically, the modern trading is being performed
by securities, bonds, commodities and currency trough the different electronic
platforms regulated by central banks.
I am suggesting here, the creation of a
brand new trading platform, based in the intellectual property rights (IPR),
allowing the trade of patents, pending patents, copyrights, trademarks, industrial
design and concepts.
The new Intellectual Property (IP) Trading
Platform, will allow to enhance the trading marketplace spectrum, using the
abstraction tools that supports the human civilization: ideas.
The IP Trading Platform, will trade the
patents in similar way that the stock exchange platform, a potential buyer bids
a specific price for a patent, and a potential seller asks a specific price for
the same patent. Buying or selling at market means you will accept any ask
price or bid price for the patent, respectively. When the bid and ask prices
match, a sale takes place, on a first-come-first-served basis if there are
multiple bidders or askers at a given price.
Certainly, the purpose of this brand new
platform, is try to join the diffusion of innovation to the financial market in
order to assign a real value to the human capital and the intellectual property
capital in their phase of abstraction.
The novelty, is what happens when the
patent ( here you should read, patent or copyright or trademark or pending
patent or concept) finally becomes formally
part of a stock, and therefore the patent holders (legal tenders) can either make
a stock exchange or receive a bonus track for being the main supporters
of the patent.
Most of the time, the innovation must be
widely adopted in order to self-sustain. Within the rate of adoption, there is
a point at which an innovation reaches critical mass. The categories of
adopters are: innovators, early adopters, early majority, late majority, and
laggards. Diffusion manifests itself in different ways in various cultures and
fields and is highly subject to the type of adopters and innovation-decision
process, but with the creation of the suggested IP trading platform, could be
possible to assign a value to the abstraction of the idea or the innovation
itself and therefore could be traded as well, even if not reach the critical
mass.
