Irving Wladawsky-Berger published an article on Thursday to coincide with the Community Patent meeting at the USPTO entitled "Patents as Currency in the Intellectual Property Marketplace."
He asks and begins to answer the key question: "What lessons can we learn from markets in physical and financial goods that can guide us as we try to establish orderly markets for intellectual property?" How can we create greater trust and certainty in the marketplace for intellectual capital. Those three ingredients, he suggests, are: "transparency, integrity and fair prices." There will be more discussion of the IP marketplace in coming weeks as we think about how a peer review system might be used to engender these three values and to fulfill the consitutional mandate to promote the progress of science and the useful arts.
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