Abstract: A system for generating royalty revenue includes: a business entity configured to acquire rights to at least one intellectual property asset from at least one IP owner; a licensing group operating on behalf of the business entity, configured to perform at least one licensing activity to generate royalty revenue from the at least one intellectual property asset, thereby providing income for the at least one IP owner, wherein the business entity is configured to defend the at least one intellectual property asset for the at least one owner. A method of using intellectual property to generate licensing revenue includes: forming a business entity; acquiring at least one intellectual property asset from at least one IP owner who is not an employee of the business entity; generating royalty revenue from the at least one intellectual property asset; defending the at least one intellectual property asset; and providing at least one investor with at least a portion of the royalty revenue.

Abstract: A system for determining a relative value of at least one patent includes: a database configured to store at least one factor for calculating a Z score for the at least one patent; a database for storing at least one received subjective factor relevant to the at least one patent; a first computer program product configured to calculate a Z score based on the at least one factor; a second computer program product configured to modify the Z score based on the at least one subjective factor, thereby obtaining a modified Z score; and a third computer program product configured to output the modified Z score.

Abstract: A system of accounting is provided for an intellectual property trust that manages multiple intellectual property accounts and assets. The system provides for the allocation of new intellectual property assets to the trust and a determination of a unit value of those intellectual property assets. The system further provides for the entry of a transaction of those assets and a determination of the unit value of that transaction. The unit value of the transaction is posted to the unit values of the intellectual property assets and of the account. By comparing the unit value of the intellectual property assets and the account, a determination of the shareholdings of the beneficiaries in the corpus is made.

Abstract: A method and apparatus for funding a future liability of uncertain cost which includes: considering the present cost of a liability and the projected due date of the future liability; estimating the future liability of uncertain cost; and administering a trust in a manner that reduces the uncertain cost of the future liability. The estimation of the future liability may be based on the expected due date of the liability and the escalation rate of the liability associated with a specified index. Administering the trust may include issuing floating rate zero coupon notes to generate trust assets and investing those assets in a manner that reduces the uncertainty of the cost of the future liability.