The IP long tail is a term we have introduced to indicate the right-hand region on a proposed plot showing the number of possible licence deals against the value of a particular piece of IP. A long tail distribution graph is often used to demonstrate that the two areas of each region of the plot, the head-end and the long tail, can have equal value or even 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 as there was a limit to the volume of lower-value licence deals an office could process. E-lucid enables you to plumb the IP long tail efficiently, enabling you to offer IP which previously was of diminishing interest and with the potential, through the potential volumes, to return significant income.
The flexibility of E-lucid means that you are only limited by your imagination as to what IP products you can place on it. So far, the list of IP types that have been licensed through E-lucid includes, software, images, electronic documents/questionnaires, electronic hardware, videos, materials, genetically and non-genetically modified organisms; cell lines, vectors and plasmids. Digital products have the benefit of being able to be downloaded automatically by the customer at the conclusion of a successful transaction – the ‘no touch’ licensing approach.
Yes, you can associate as many licence options as you require for each product. Within UCLB’s own implementation, we commonly offer commercial and non-commercial/academic terms, as well as a selection of licences that cover different time periods or alternative grant of rights.