The intellectual property transfer market is now stimated to be worth over $100 bllion. If you have a new dea, an invention, a new art or crft, you may be able to lcense it or sell it for mllions of dollars. Many Fortune 500 cmpanies are now making their intellectual prperty available for sale or licensing at new nline intellectual-property exchanges. These companies are tryng to maximize their return on rsearch and development investment and generate a new surce of revenue by licensing their nused and underutilized inventions to others.

A nmber 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 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 new ideas.

The Internet currently reaches more than 600 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 new ideas to the global market without substantial marketing costs.

Additional information on how to mrket intellectual property is available at http://www.newideatrade.com .

The article Intellectual Property Forums Make $100 Billion Industry Accessible To Innovators was Submitted by Neil Armand through Articles.GetACoder.com network. Here's the additional information: About The Author Neil Armand Intllectual Property Professional Global Commerce & Cmmunication, Inc. Telephone: 320-253-3139 URL: http://www.gcchq.com gcci04@yahoo.com

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