As well as being approached to auction IP in this field of technology, IP Auctions have an increase of inquiries for this technology from corporations, IP attorneys and brokers, as well as Venture Capitalist and Seed Venture groups.
Increased Auction Activity in Alternate Energy and Green Technology
Davel Foote, Research and Marketing | IpAuctions, Inc.
Intellectual Property, specifically patents and patent applications in the field of Alternate Energy and Green Technology are on the rise in our little corner of the world, auctions. The area of Intellectual property for sale, including patents and patent applications, has recently seen a substantial increase in activity. There are a variety of reasons why people will sell their IP. These include bankruptcy, liquidating portfolios, lack of financing or a lack of a commitment to commercialize the product.
During the last two years, we at IP Auctions have seen an increase of IP presented to us in this area of approximately 25% in 2009 and 45% in 2010. This reflects the growing need for change towards Alternate and Green technology. Considering it takes two to four years for a patent application to be approved and assigned a patent number, this trend is catching up to the auction arena, increasing the IP offerings in this technology. The following examples are evidence if this change:
- Green Construction: A method of manufacturing lightweight concrete blocks.
- Green Battery: Hydrogen based fuel cells, hydrogen generation and recycling methods of discharged sodium borate fuel.
- Green Outdoor Multi-Fuel BBQ: Isolating food from the fuel source and carcinogens.
- Advanced Method for Manufacturing Solar Cells: Improved efficiency with substantial reduction in production costs.
- Bioengineered Algae: Cleaning waste water while producing the by-product of bio-diesel fuel.
- Solar Powered LED Holiday Lights.
- Combined Solar Collection with Wind Turbines.
As well as being approached to auction IP in this field of technology, IP Auctions have an increase of inquiries for this technology from corporations, IP attorneys and brokers, as well as Venture Capitalist and Seed Venture groups.
With the increasing demand for alternate forms of energy and green technology, we expect to see more of these bright “outside of the box” thinkers share themselves and their ideas with the world and in the IP auction marketplace.
The content & opinions in this article are the author’s and do not necessarily represent the views of AltEnergyMag
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