Technology Transfer & Consulting

Over the past two decades, the global economy has evolved from a manufacturing-based economy to an information-based economy. In the process, corporate value has shifted decisively from tangible assets to intangible assets, with intellectual property, which is now comprising the largest single component of such value. The importance of intellectual property in the modern global economy cannot be overstated. It is estimated that intangible assets now account for more than 80 percent of the market capitalization of S&P 500 companies, which collectively generate in excess of $175 billion annually in patent licensing revenue.

These numbers are telling and confirm that patents have carved their niche in the global economy. More importantly, they preface a fundamental shift in corporate attitudes toward IP and IP monetization in general. Innovative and forward thinking companies no longer view patents narrowly as merely a means to establish or maintain a competitive advantage or as an ancillary source of revenue. Patents are now viewed as value drivers and profit centers. Companies that embrace the new paradigm are racing miles ahead of their competitors and will continue to do so for the foreseeable future.

The IPMAX Consulting is at the forefront of the new economy and the Korean IP marketplace. With specialized knowledge and experience, we create and implement targeted, assertion-based patent licensing programs for selected clients, depending on the clients' need, risk, and expectation for reward.