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.
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