Drawing on decades of experience in patent litigation, the author outlines intellectual property (IP) as a venture white space by summarising the important trends shaping IP markets and identifying key disruptions on the horizon from new IP businesses.

For most of the last decade, I have been helping compa-nies deal with IP, initially as technical adviser to the law firmSkadden, Arps, Slate, Meagher & Flom and more recently representing clients in complex patent infringe-ment lawsuits as an IP attorney. As I entered the Kauffman Fellows programme in the summer of 2011, I began developing a framework for thinking about venture investment in emerging companies whose business models have the potential dramatically to improve the ways in which IP,…