22nd feb, 2010

IP in Danish ethanol technology

Danish newspaper Børsen has an article today describing how a Danish energy company – Inbicon – has sold the rights to use the company’s technology in Asia to Japanese company Mitsui Engineering & Shipbuilding. 

Inbicon has developed technologies converting biomass to ethanol, and has a number of patents protecting their inventions. These patents will serve as the foundation for a steady royalty stream for the company, and is a good example of how patents can be used for profit.

 

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