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[https://ipcypris.com/] Cypris is an online marketplace & search engine for patents. Founded in the May of 2019 by Steve Hafif & launched to the public in October of that same year. On Cypris patent owners can claim their granted patents & convert them into listings. A patent listing is an offering, usually for sale or license, made by the patent owner to the public. In the event of a transaction the rights to use the intellectual property is either permanently or temporarily transferred to the buyer or licensee. |
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Cypris is independently owned & does not take a listing fee or commission upon a successful transaction. [[Technology transfer|University Tech Transfer]] offices have used Cypris in the past to consolidate & present their active offerings created & owned by the academic institution. |
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The Patent market has notoriously shown poor commercialization rates, leading to many patents to be sold to assertion entities (sometimes referred to as [[Patent troll|patent trolls)]], which can dilute the value of a patent & lead to use to in litigation rather than commercialization. |
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Latest revision as of 19:36, 9 March 2020
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