GreenXchange was an

online marketplace An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way ...

where companies share intellectual property developed by them in order to stir up innovation in industries in which they themselves do not compete. It was launched at

Davos , neighboring_municipalities= Arosa, Bergün/Bravuogn, Klosters-Serneus, Langwies, S-chanf, Susch , twintowns = } Davos (, ; or ; rm, ; archaic it, Tavate) is an Alpine resort town and a municipality in the Prättigau/Davos R ...

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

in January 2010 by

Nike Nike often refers to: * Nike (mythology), a Greek goddess who personifies victory * Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment Nike may also refer to: People * Nike (name), a surname and feminine given ...

Creative Commons Creative Commons (CC) is an American non-profit organization and international network devoted to educational access and expanding the range of creative works available for others to build upon legally and to share. The organization has release ...

and

Best Buy Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebra ...

. GreenXchange provided a standardized patent license structure, where patent-owners can control to whom and to what degree their intellectual property is made available. GreenXchange can be used by Nike, for example, to share its existing patents and intellectual property free of charge or for a fee, but usually only with companies with which Nike does not directly compete. Nike has listed on the exchange over 400 of its patents. On January 11, 2011, the GreenXchange held an in-person Collaboratory that included attendance by Brooks, Nike, New Balance, Oregon based non-profits, the University of Oregon and University of Washington, and the U.S. Environmental Protection Agency. Competing companies may also collaborate with one another via the exchange but usually only in ongoing research in a given field.

John Wilbanks John Wilbanks is the Senior Medical Director at Biogen, and formerly the Chief Commons Officer at Sage Bionetworks. Previously he was a Senior Fellow at the Ewing Marion Kauffman Foundation and at FasterCures. He is known for his work on open sc ...

, at that time vice president for Science at

, said at the January 2010 launch: “There is so much duplication of effort and wasted resources when it comes to sustainability. We need to make it easier for individuals, companies, academia, and researchers to collaborate and share best practices.” Although the GreenXchange website is not active anymore, Nike says that they "have gained significant insights from this collaboration which continue to inform

heir Inheritance is the practice of receiving private property, titles, debts, entitlements, privileges, rights, and obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time. Officiall ...

strategy to bring sustainability innovations to scale".

References

External links

GreenXchange web site
Intellectual property organizations {{Web-stub