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Symposium

MARKETS FOR PATENTS:  EMERGING PRACTICES AND DIRECTIONS FOR RESEARCH

December 4, 2009
University of Michigan
Ross School of Business

6th Floor Colloquium Room
Ann Arbor, Michigan
Free and open to the public


Registration Page

 

Secondary markets for patents are an important and understudied phenomenon. Do these markets promote efficiency in the development of new technologies? Or, do they set the stage for patent hold-ups? This symposium brings together prominent individuals experienced in buying, selling, and licensing patents with an interdisciplinary mix of innovation scholars to identify promising pathways for future research. Key questions include:

  • What types of deals take place in these markets? What are the motives of buyers and sellers?
  • What are the roles of intermediary organizations, and what are their business models? What factors affect their profitability?
  • Have patent markets become more “liquid”? What barriers to exchange persist?
  • What legal and economic factors drive growth or contraction in these markets, and what are the implications for public policy?
Sponsored by the Program in Law, Economics, & Technology, University of Michigan Law School, and the Strategy Department, University of Michigan Ross School of Business, with generous funding from the Microsoft Corporation (Conference summary on its TAP blog website).
 
Program

Friday, December 4

8:00

Registration and Continental Breakfast

8:45-9:00

Welcome Remarks - Gautam Ahuja (Chair of Strategy Dept., Ross School of Business)

9:00-10:45

Panel I: Economic and Historical Perspectives (Slides: Moderator: Rosemarie Ziedonis, Professor, Strategy Dept., Ross School of Business)
Panelists:
Margaret Levenstein
(Slides: Professor, Business Economics Dept., Ross School of Business)
Carlos Serrano (Slides: Professor, Dept. of Economics, Univ. of Toronto)

Arvids Ziedonis (Slides: Professor, Strategy Dept., Ross School of Business)

10:45-11:00

Break

11:00-12:30

Panel II: The Business of Buying and Selling Patents (Moderator: Hank Barry, Director, Business Dept., Howard Rice Nemervski Canady Falk & Rabkin, former CEO of Napster)
Panelists:
Joe Chernesky (Slides: President and COO, iPotential; former IP licensing officer at Boeing and Intel)
Michael Lasinski (Managing Director, Capital Valuation Services; formerly of Ocean Tomo)
Ron Laurie (Slides: Managing Director, Inflexion Point Strategy LLC; former chair of Skadden Arps' IP Strategy and Transactions Group - IP Bus. Model Slides)

12:30-1:30

Lunch (Video PresentationHank Barry, Director, Business Dept., Howard Rice Nemervski Canady Falk & Rabkin)

1:30-1:45

Break

1:45-3:45

Panel III: Perspectives from R&D Performers (Moderator: Jason Owen-Smith, Professor, Depts. of Sociology and Organization Studies, UM College of LS&A)
Panelists:
Jason Fiorillo (Senior Intellectual Property Counsel, Analog Devices)
Robert Glushko (Slides: Professor, School of Information, UC-Berkeley; Co-Founder of 4 Software Startups)
Taylor Hawes (Slides: CFO Intellectual Property & Licensing, Microsoft Corp.)
Joyce Koontz
(Director of IP Programs, IBM Corp.)
Robin Rasor (Slides: Director of Licensing, UM Technology Transfer Office; President-Elect, the Association of Univ. Technology Managers [AUTM])

3:45-4:00

Break

4:00-5:15

Panel IV: Implications for Law, Policy, and Future Research (Moderator: Jessica Litman, Professor, UM Law School)
Panelists:
Rebecca Eisenberg (Professor, UM Law School)
Pamela Samuelson (Slides: Professor, Boalt School of Law and School of Information, UC-Berkeley)
Rosemarie Ziedonis (Slides: Professor, Strategy Dept., Ross School of Business)

5:15-5:30

Closing Remarks

 

 
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