The IP-long tail
The IP long tail is a term we have coined to indicate the right-hand region of a plot showing, for a particular piece of IP, the number of possible licence deals against its value. The area of a region on such a graph would represent the total monetary value available to ‘mine’. A long tail distribution graph is often used to demonstrate the principle that the areas of the two distinct regions of the plot, the head-end (traditional TTO mining territory) and the long tail, can be of equal value; or even that the area of the long tail area can exceed that of the head end. Traditionally technology transfer strategy has focused on achieving high returns from a limited number of licence deals for high value IP (the head end). Resource limitations have necessitated this approach, due to the narrow, if any, margin possible from processing lower-value licence deals. E-lucid enables you to mine the IP long tail cost-efficiently.