About Us
ThinkVillage offers inventors, worldwide, a way to capture value from ideas. It was founded to bridge the gap between conception and licensing. Too often, inventions are not protected or marketed because of costs and red tape associated with patents.
ThinkVillage evaluates ideas, uses law firms to protect those ideas that have commercial viability, and then operates to sell or license the associated intellectual property (IP) to industry. ThinkVillage receives a commission only upon successful commercialization and does not require up-front payment.
ThinkVillage's mission is to facilitate flow of innovation into the IP marketplace. It provides a path through procedural and cost barriers and then accelerates ideas toward revenue generating opportunities.
ThinkVillage provides distinct benefits to each constituent of the IP marketplace:
For Inventors:
- ThinkVillage offers inventors a way to capture value from his/her ideas;
- ThinkVillage enables the prolific inventor to reap benefits of his/her efforts, overcoming bandwidth and other resource limits.
For Universities and Institutions:
- ThinkVillage offers a mechanism to stretch tight budgets and monetize a higher portion of valuable IP assets throughout the world;
- ThinkVillage extends the effective reach of a University's IP licensing program, with little or no incremental cost or risk.
For Industry:
- ThinkVillage offers a unique forum to quickly acquire vetted intellectual property at a fair and reasonable price;
- ThinkVillage offers industry a way to capture value from tangential IP.