The intellectual property transfer market is now estimated to be worth over $100 billion. If you have new arts and crafts, you may be able to license or sell them for millions of dollars. A number of online forums, including Minnesota-based NewIdeaTrade.com (http://www.newideatrade.com), California-based Pl-x.com (http://www.pl-x.com ), and Connecticut-based PatentTriage.com (http://www.patenttriage.com ). now link buyers and sellers of arts, crafts and other intellectual property. The traditional transfer of intellectual property is complicated, costly, and can take up to one year. However, these online forums simplify and speed up the process for transfer of intellectual property.
The Internet currently reaches more than 560 million users around the world. This makes innovators’ potential for exposure much higher than with traditional forms of media. The worldwide online commerce has reached $2.2 trillion in 2002 and is expected to reach $6.8 trillion by 2005. The innovators today can leverage the massive reach of the Internet and promote their intellectual property to the global market without substantial marketing costs.
Additional information on how to market arts and crafts is available at
Intellectual Property Professional
Global Commerce & Communication, Inc.
Submitted by: Neil Armand *
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