The 1990s was the decade of information technology (IT) - a decade where information was important, but the use, disposition, and security of information became paramount. The 2000s was the decade of intellectual property (IP) - a decade where an idea was royal, but exclusive rights to an idea became king. Continuing the natural progression, we currently reside in the decade of intangible assets (IA) - a decade where innovation is the door to success, but monetizing innovation is the key.
The above bit comes from a recent article that I co-authored with Jim Malackowski, Chairman and CEO of Ocean Tomo, LLC, which navigates the short history of the development of IP as an asset class and the various monetization models that have become popular. The article is titled “The Next Big Thing in Monetizing IP: A Natural Progression to Exchange-Traded Units”, and was published in the American Bar Association’s Landslide, Volume 3, Number 5 (May/June 2011). You can read the entire article HERE.
Ian McClure is a former corporate & securities and intellectual property law attorney with 
Trevor M. Blum is a former Associate in the Chicago-based, valuation practice group of Ocean Tomo, LLC., an intellectual property (IP) consultancy. Additionally, he provided instrumental research support to Intellectual Property Exchange International, Inc., an IP exchange start-up. Trevor holds a B.S. from Indiana University and is currently an MBA candidate at the University of Cambridge, focusing on international business and finance. His interests also include entrepreneurship, economics, and informational visualization. He enjoys running and cycling in his free time. Trevor seeks to bring a transnational business perspective to the blog. 
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