Patent ID: 7720740

Claim:
A computer-implemented method for managing fractional interests in intellectual property, the method comprising: pooling a first consideration from a first entity into a pooling account, the first consideration comprising an intellectual property interest; pooling a plurality of additional considerations from a plurality of additional entities into the pooling account, the plurality of additional considerations comprising considerations other than interests in intellectual property; apportioning, by a computer processor, fractional interests in the first consideration to the plurality of entities, wherein a value of the first consideration apportioned to a particular entity of the plurality of entities corresponds to a value of consideration contributed to the pooling account by the particular entity; allocating the plurality of additional considerations in predetermined percentages to benefit at least the first entity and the plurality of additional entities; allotting credit lines to the plurality of additional entities for purchasing perks related to the intellectual property interest and the first entity, the credit lines corresponding to values of the plurality of considerations contributed into the pooling account; receiving a portion of the first entity's outside revenues; and increasing one or more of the credit lines of the plurality of additional entities in accordance with the amount of the received outside revenues.