IPRs Marketplaces for Cultural and Creative Industries

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Dec 6, 2013 - ③ Business Opportunities. ④ Risks ... An IP marketplace is a B2B or B2C venue where. IPRs owners and I
IPRs Marketplaces for Cultural and Creative Industries Emmanuel GILLET, Ph D Visiting Scholar, European Union Academic Programme Hong Kong BIP Asia 6 December 2013 Hong Kong Convention and Exhibition Center

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition ②  Role of an Intermediary ③  Business Opportunities ④  Risks Management

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition ②  Role of an Intermediary ③  Business Opportunities ④  Risks Management

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition

An IP marketplace is a B2B or B2C venue where IPRs owners and IP buyers can meet each other and establish transfer agreements, license agreements or even partnership agreements

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition

Players

Simplified Structure

Intermediary IP Marketplace Provider

IPRs Buyers

IPRs Owners

Contract

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition

Players

Complex Structure

IPRs Valuation services IP Financiers Venture Capital Funding Crowdfunding

Insurance Companies

IPRs owners / IPRs Buyers

Licensing agents and brokers

Manufacturers Distributors

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition

What is not an IP Marketplace

Pixopolitan.com / TaC “Photographers still remain owners of their intellectual property rights”

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition

What is not an IP Marketplace

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition

What is an IP Marketplace

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition

What is an IP Marketplace

“Once a Buyer selects their favorite work by "awarding" the project to a Creative (or to several Creatives when there are multiple awards), the Buyer and Creative(s) go through project Wrap Up and after the Buyer approves the final deliverables, we pay the Creative and the rights to that work transfer to the Buyer under a written contract.”

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition ②  Role of an Intermediary ③  Business Opportunities ④  Risks Management

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

②  Role of an Intermediary

From a limited role…

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

②  Role of an Intermediary

… to an extensive role

IP Services ü  Meeting point platform ü  Valuation ü  Venture Capital Funding ü  Licensing / Brokerage ü  Auctions ü  Insurance

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition ②  Role of an Intermediary ③  Business Opportunities ④  Risks Management

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

③  Business Opportunities

Transfer of the ownership

Contracts

Licensing Agreements

Partnership Agreements

Exclusive Territories

Joint Venture Non-Exclusive

t

Cross-Licensing R&D Contract Open Licensing

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

③  Business Opportunities

Elements to take into account

Quality

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

③  Business Opportunities

Elements to take into account

Exclusive v. Non-Exclusive License

Non-Exclusive Licenses

Exclusive Licenses

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

③  Business Opportunities

Elements to take into account

iStockPhotos.com

Compensation / Royalties

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

③  Business Opportunities

Elements to take into account

Dreamstime.com

Compensation / Royalties

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

①  Definition ②  Role of an Intermediary ③  Business Opportunities ④  Risks Management

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

IPRs Marketplaces

④  Risks Management

Risks

Risks

Solutions

Infringement of IPRs

Pro-active protection Copyright infringement detection tools Registration Poor man’s IPRs tools Insurance Legal-expenses insurance IP insurance policies

Methods of Dispute Resolution

Judicial v. Extrajudicial (negotiation, mediation, arbitration)

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Thank you

[email protected]

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET