Digital license agreement

US7031943B1 · kind B1 · utility

Assignee

• Cisco Technology, Inc. · US

Inventors

• Arthur James · Ithaca, US
• Michelle Brent · Rocklin, US
• Peter P. Corless · Mountain View, US
• Sanjay Khera · San Jose, US
• Soyoung Park · Daega-myeon, KR

Key dates

• Filing date: May 10, 2000
• Grant date: Apr 18, 2006
• Expiry date: May 10, 2020

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method and system for licensing intellectual properties. A user can acquire a license conveying rights in intellectual properties by accessing a designated site and making a digital license request. Terms and conditions that can be accepted by the user are then made available to the user in the form of a model digital license agreement. Agreement to the terms of the model digital license agreement by the user, and acceptance thereof by the Licensor, creates a digital license agreement that conveys the intellectual property rights defined in the digital license agreement. The final form of the digital license agreement, after agreement thereto by the Licensor and the user, creates a digital license agreement representation that is a digital representation of the terms and conditions that define the intellectual property rights conveyed.