Patent ID: 7885897

Claim:
A computerized intellectual property exchange system for facilitating the trading of unitized contracts relating to intellectual property rights, said system comprising: a computerized storage device configured to store at least one unitized intellectual property license contract, said at least one unitized license contract relating to intellectual property rights, said intellectual property including patents, copyrights, trademarks, trade dress, and/or trade secrets, said at least one unitized license contract comprising the right to practice said intellectual property for up to a predetermined quantity of instances and the obligation to report when said predetermined quantity of instances has been reached; a computer-accessible forum, said computer-accessible forum defining at least one regulation of trading and at least one requirement of listing on said computerized exchange, said computer-accessible forum configured to allow a plurality of participants to trade said at least one unitized license contract, said plurality of participants comprising: at least one seller, said at least one seller having said at least one unitized license contract comprising said right to practice said intellectual property for up to said predetermined quantity of instances, said at least one seller desiring to trade said at least one unitized license contract; and at least one buyer, said at least one buyer desiring to obtain said at least one unitized license contract, said buyer having said obligation to report when said predetermined quantity of instances has been reached.