<div dir="ltr">Geoff<br><br>IBM lumping project/custom development revenue with patent licensing revenue is misrepresentation of patent value by 2.5 orders of magnitude.<br><br>Buy the book on Amazon. <br><br>d<br><br><div class="gmail_quote">
On Thu, Aug 13, 2009 at 3:06 PM, geoffrey mendelson <span dir="ltr"><<a href="mailto:geoffreymendelson@gmail.com">geoffreymendelson@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
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On Aug 13, 2009, at 2:49 PM, Danny Lieberman wrote:<br>
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They later wrote a full length 323 page book - which I got after reading the paper (which was a teaser I guess...)<br>
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Ok, the GROKLAW article said they were in the process of writing. I'd love to see that book.<div class="im"><br>
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The book deals with fundamental problems of patents - fuzzy, unpredictable boundaries, possession and scope of rights, patent flood (software/way of doing business patents are relatively new...) The empirical evidence is that patents don't behave like property.<br>
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At least the evidence shown. Evidence is not proof. Evidence is always limited by your filters. In this case what you know, what you read, and what they told you.<div class="im"><br>
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They spend an entire chapter bringing empirical data regarding how much patents are worth to their owners -relating market value of public firms to their assets including their patent portfolio.<br>
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That also depends upon how much you spend. You can file a patent for $100 in the US, but if you want it to hold up at all you have to hire someone at the level of Sandy Kolb, which will cost you around $100k if there is no need for him to fight it. From experience, if you hire a cheap patent agent, you get what you pay for (or don't).<div class="im">
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For example - IBM began listing IP and licensing royalties in their annual financial reports beginning in 2000 - about $1.5billion +/- per year. The majority of the $1.5BN is value of IP sold off by IBM including IP held by divisions they sold off as well as custom-development revenue. The actual amount of revenue from their patent licensing program is far less - about $125M gross the cost of IBM's several hundred patent lawyers.<br>
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The $1.,5BN figure is an urban legend.<br>
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I disagree. What's the difference between selling off something you bought (or created) in one lump sum, or in bits. You can make money on selling a live cow or you can make money on selling hamburgers. Same as selling off a company, or selling single user licenses.<br>
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BTW, I remember when ALL IBM software was free.<div><div></div><div class="h5"><br>
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Geoff.<br>
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geoffrey mendelson N3OWJ/4X1GM<br>
Jerusalem Israel <a href="mailto:geoffreymendelson@gmail.com" target="_blank">geoffreymendelson@gmail.com</a><br>
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</div></div></blockquote></div><br><br clear="all"><br>-- <br>Danny Lieberman<br>-------------------------------------------------------------------------------------------------<br>Protect your data: <a href="http://www.software.co.il">http://www.software.co.il</a><br>
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