Eco-Patent Commons Shares Innovations in Environmental Arena

The Eco-Patent Commons recently launched and released 31 patents with the potential to address diverse environmental issues. The leading businesses involved include IBM, Nokia, Pitney-Bowes and Sony, all of which released patents that were in their sole domain – 27 from IBM alone.

The idea is that these patents, including new technologies, processes and ideas, can be used to solve global environmental problems. In sharing the patents, the companies hope to drive innovation and create new markets where collaboration is intrinsic.

The Eco-Patent Commons is hosted by the World Business Council on Sustainable Development (WBCSD) and open to any company or individual with a patent. The Eco-Patent Commons is available online here.

I think this is a great idea, what do you think?

Via GreenBiz