Copyright 2001

 
New Online Forum Makes Ideas and Inventions Accessible
April 12, 2001

Minnesota-based Global Commerce & Communication (GCC) recently launched a web site, NewIdeaTrade.com, that allows innovators to exchange their ideas with the global market. According to the company, trading intellectual property including industrial property and copyrighted property has been cumbersome in the past because the traditional transfer of intellectual property was complicated, costly, fragmented, and time-consuming. The company estimates that the intellectual property transfer market is estimated to be worth over $100 billion. 

To utilize the service, users can go to the web site and register for free membership. Users can then browse the site for listings in areas such as computer, finance, accounting, education and more. 

"There is a black hole when it comes to the affordable exchange of intellectual property among small businesses, research institutions, independent inventors, and the creative community. It is a vastly underserved market," says NewIdeaTrade.com board member Neil Armand.

By providing a central registry for small businesses, individuals, universities, government agencies, research institutions, and investors to find each other, NewIdeaTrade.com breaks down traditional geographic, industrial, and marketing barriers. 

NewIdeaTrade.com will post industrial property including inventions, trademarks, and patents. Members may also post copyrighted works for sale or license including: literary, musical, artistic, photographic, audiovisual works, and software. In addition to acting as a conduit for sellers and buyers of intellectual property NewIdeaTrade.com supports a professional directory and resource center for its members.

Back to More News Stories


Home Become a Florida CPA | Advertise With Us | Contact Us | Business Policies | Disclaimer

Florida Institute of CPAs  P.O. Box 5437  Tallahassee Florida  32314
Telephone: 850.224.2727    FAX: 850.222.8190    E-Mail Us at webmaster@ficpa.org