Is intellectual property a commodity?


3

Is intellectual property considered a commodity? Can intellectual property be bought and/or sold like other commodity type goods?

Intellectual Property

asked May 12 '11 at 23:36
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Oshirowanen
201 points

1 Answer


3

Yes, intellectual property like copyrights, patents, and trademarks can all be bought, sold, transferred, and traded.

More specifically:

People buy and sell copyrights all the time.

With patents, they can be sold, but in some cases, a different arrangement is made wherein the patent holder grants rights to another person or entity to use the thing that is patented and pay royalties to the owner.

Trademarks are associated with a company or product, and you can't sell a trademark without also selling the associated product or

Reference: https://www.legalzoom.com/intellectual-property-rights/intellectual-property-basics/selling-patent-copyright-or

answered Jan 31 '14 at 16:56
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rbwhitaker
3,425 points

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