An increasingly diverse mix of hedge funds, sovereign wealth funds and entrepreneurs are behind a wave of new innovative business models targeting a share of the fast growing multi-billion dollar intellectual property (IP) industry, according to IAM, the world’s leading IP data provider.
Revenue just from the licensing and royalties from intellectual property such as patents or trademarks has ballooned from US$27billion in 1990 to break through US$180billion in 2009 (source: WIPO).