Intellectual Property (IP) is a vital metric in today’s post-industrial economy. By some measures IP accounts for more than 40% of economic growth and employment. Central to deriving value from IP is a nuanced understanding of the law, business, technology, and politics behind nurturing and protecting innovation. In the past these IP monetization skills were most aptly realized by companies with large in-house legal teams. In today’s climate, however, companies and individuals are seeking to monetize IP in a more cost-effective and flexible manner.