Patent ID: 8560419

Claim:
A method for developing and tracking technology assets in a computer system, said method comprising: receiving from an originating owner a first catalog of technology assets including at least one of a patent, trade secret, know-how, documentation, prototypes, pre-production units, production samples, tooling, and demonstration frameworks, said first catalog corresponding to a first pool of technology assets having a subject matter in common; receiving from said originating owner, at said development entity, title to said first pool of technology assets in exchange for an equity interest in said development entity and an option to re-acquire the first pool of technology assets for a reacquisition fee; receiving from at least one primary investor, a capital investment in exchange for an equity interest in said development entity; storing information about the received first catalog and title to said first pool in one of at least one database, wherein both said development entity and said primary investor are enabled to access the one of at least one database by use of a database interface; selecting a first new product concept from said first pool of technology assets for development activity by the development entity; tracking, in one of at least one database, costs expended by the development entity to develop said first new product concept and to acquire proprietary rights associated with said first new product concept and associating said costs with the stored information, wherein both said development entity and said primary investor are enabled to access the one of at least one database by use of a database interface; and transferring said first pool of technology assets, including results of all development activity relating to said first new product concept, to a first spin-off entity unless the originating owner tenders the reacquisition fee, wherein said first spin-off entity is enabled to access said one of at least one database upon transfer.