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IPRs Marketplaces for Cultural and Creative Industries Emmanuel GILLET, Ph D Visiting Scholar, European Union Academic Programme Hong Kong BIP Asia 6 December 2013 Hong Kong Convention and Exhibition Center CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

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Page 1: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces for Cultural and Creative

Industries

Emmanuel GILLET, Ph D Visiting Scholar, European Union Academic

Programme Hong Kong

BIP Asia

6 December 2013 Hong Kong Convention and Exhibition

Center

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 2: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

①  Definition ②  Role of an Intermediary

③  Business Opportunities

④  Risks Management

IPRs Marketplaces

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 3: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

①  Definition ②  Role of an Intermediary

③  Business Opportunities

④  Risks Management

IPRs Marketplaces

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 4: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

An IP marketplace is a B2B or B2C venue where IPRs owners and IP buyers can meet each other and establish transfer agreements, license agreements

or even partnership agreements

IPRs Marketplaces ①  Definition

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 5: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

Intermediary IP Marketplace

Provider

IPRs Owners IPRs Buyers

IPRs Marketplaces ①  Definition Players Simplified Structure

Contract

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 6: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ①  Definition Players Complex Structure

IPRs Valuation services IP Financiers

Venture Capital Funding Crowdfunding

Insurance Companies

Licensing agents and brokers Manufacturers

Distributors

IPRs owners /

IPRs Buyers

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 7: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

Pixopolitan.com / TaC “Photographers still remain owners of their intellectual property rights”

IPRs Marketplaces ①  Definition What is not an IP Marketplace

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 8: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ①  Definition What is not an IP Marketplace

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 9: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ①  Definition What is an IP Marketplace

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 10: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ①  Definition What is an IP Marketplace

“Once a Buyer selects their favorite work by "awarding" the project to a Creative (or to several Creatives when there are multiple awards), the Buyer and Creative(s) go through project Wrap Up and af ter the Buyer a p p r o v e s t h e f i n a l deliverables, we pay the Creative and the rights to that work transfer to the Buyer under a written contract.”

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 11: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

①  Definition ②  Role of an Intermediary

③  Business Opportunities

④  Risks Management

IPRs Marketplaces

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 12: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ②  Role of an Intermediary From a limited role…

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 13: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ②  Role of an Intermediary … to an extensive role

IP Services

ü  Meeting point platform

ü  Valuation

ü  Venture Capital Funding

ü  Licensing / Brokerage

ü  Auctions

ü  Insurance

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 14: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

①  Definition ②  Role of an Intermediary

③  Business Opportunities

④  Risks Management

IPRs Marketplaces

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 15: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ③  Business Opportunities Contracts

Transfer of the ownership

Territories

t

Licensing Agreements

Exclusive

Non-Exclusive

Cross-Licensing

Open Licensing

Partnership Agreements

Joint Venture

R&D Contract

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 16: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ③  Business Opportunities Elements to take into account

Quality

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 17: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ③  Business Opportunities Elements to take into account

Exclusive v. Non-Exclusive License

Non-Exclusive Licenses

Exclusive Licenses

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 18: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ③  Business Opportunities Elements to take into account

Compensation / Royalties

iSto

ckP

hoto

s.co

m

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 19: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ③  Business Opportunities Elements to take into account

Compensation / Royalties

Dre

amst

ime.

com

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 20: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

①  Definition ②  Role of an Intermediary

③  Business Opportunities

④  Risks Management

IPRs Marketplaces

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 21: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

IPRs Marketplaces ④  Risks Management Risks

Risks Solutions

Infringement of IPRs Pro-active protection Copyright infringement detection tools

Registration Poor man’s IPRs tools

Insurance Legal-expenses insurance

IP insurance policies

Methods of Dispute Resolution Judicial v.

Extrajudicial (negotiation, mediation, arbitration)

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET

Page 22: 2013 12 06 Intellectual Property Marketplaces for Culture and Creative Industries

Thank you

[email protected]

CC BY-NC-ND 4.0 | 2013 Emmanuel GILLET