MarkCrest home page

MarkCrest Intellectual property monetization since 2004

The new Steps Wizard: ten steps that take your idea to a protected, documented asset you can monetize.⁠[1]

“Since 2004 MarkCrest has strived to become the leader in intellectual property monetization, with almost $500 million in valuations achieved.”⁠[2]⁠[1]

Maynard L. Dokken, President & CEO

The figure is the appraised value of intellectual property developed by MarkCrest’s clients up to 2009, not MarkCrest revenue. MarkCrest charged its clients no fee.⁠[1]

Start with Step 1: IdeaHow the Steps Wizard works

New! Steps Wizard: Protect & Manage. Click here…

IIdeaIIProtectIIIPlanIVPoliciesVAccessVIAgreementsVIIOwnershipVIIIAuditsIXInfringementXDocument
  • Gold fields: create value (Steps I–II, idea and protection)
  • Blue fields: the path to monetization (Steps III–VII)
  • Silver fields: audit and diligence (Steps VIII–X)

The economy runs on knowledge now

The world has shifted from a manufacturing economy to one based on knowledge, and that shift has put a far greater focus on intangible assets, and on intellectual property in particular.⁠[3]⁠[4] Intellectual property, or IP, includes patents, copyrights, trademarks and trade secrets.⁠[5]⁠[6] It is now a key component of today’s business deals and company valuations.⁠[7]

Silhouette of a person with arms raised on a rocky summit under a starry blue and violet night sky
The image that opened the original MarkCrest home page.

Strategic capital, creative intelligence, products and opportunities

MarkCrest’s work rests on the three pillars named under its logo.

Strategic Capital

Strategic capital

Funding, risk and people: the capital that turns IP into a return.

MarkCrest Intellectual Property Strategic Capital builds on the ceaseless change that drives the financial-services sector: new structures, new technologies and new forms of competition. Seizing the opportunities that change brings is critical.

In services businesses, strategic capital generally means people. In the new business world, intellectual property, not factories, creates the highest return on investment. Improving your return on these assets takes different kinds of investment, including:

  • Identifying the skills and resources you need
  • Establishing knowledge-management practices
  • Creating social networks where people can find experts
  • Becoming more responsive, to build agile teams

MarkCrest helps with this balancing act, weighing the needs of different resources against the need to appear as one cohesive company. Sales coverage and deal structure can become complicated, with different types of contracts, changes in creation, risk assessment, negotiation and other administrative processes involving intellectual property. MarkCrest handles these details so management and companies can focus on their core business.

Different business models can measure success in different ways, and even when the strategic metrics are the same, the results are not always comparable. Financial and professional organizations are reshaping their operations and launching new activities. The challenge for a business is to seize emerging opportunities while controlling the risks of today’s fast-paced, ever-changing world of financial and professional services.

MarkCrest develops programs for these exposures. It identifies management liability, fidelity, fiduciary and the various forms of errors-and-omissions liability, and looks at the specific risks associated with intellectual property, to build a strategy that manages those risks economically.

MarkCrest builds a funding model that gives you the best possible access to the capital markets, to drive the research and development of your intellectual property, and develops strategies to launch it into markets and licensing channels.

MarkCrest can provide a strategic-capital evaluation, a risk model and a funding proposal for the development and marketing of your financial intellectual property.

Creative Intelligence

Creative intelligence

Fusing business strategy and IP strategy, so research pays.

MarkCrest Intellectual Property Creative Intelligence starts from a simple observation: with profitability and competitive pressures mounting, the priority for companies today is to realize greater business value from their intellectual property.

MarkCrest focuses on value propositions for financial intellectual property, and on the related technologies, products and support services.

Before the 1990s, only a few companies considered intellectual property a crucial element of their business. In the 1990s that perspective changed, and many companies began to emphasize developing their intellectual property, losing sight of their fundamental business. MarkCrest brings a new approach, with intelligent infrastructure and resource strategies that let individuals and companies adopt operating models that develop, compete and succeed in the financial-services licensing industry.

To extract value from ideas, firms must rethink the connection between business and intellectual property. Rather than settling for alignment, companies should aim for fusion. They need to look at the relationships between the different parts of their organization and its future, define a viable way to achieve their results, and work methodically toward their goals and milestones.

Competitive advantage involves intellectual property, and it involves research and development. Yet discretionary dollars are scarce, and every investment needs to yield the highest possible return. By fusing business strategy and intellectual-property strategy, MarkCrest guides the research and development process, so companies can meet earnings targets, improve their competitive position and build a long-term platform for growth.

With every challenge comes an opportunity. MarkCrest created the Steps Wizard to guide you through the process: it lets you build your own path with knowledge gathered from decades of experience.

Products & Opportunities

Products and opportunities

Value-added products and services, built within your customers’ business.

MarkCrest Intellectual Property Products & Opportunities starts from this understanding: success in business services depends on a company’s ability to position itself as an indispensable part of its customers’ value-creation strategy, by providing a valued service and creating more value overall.

MarkCrest has one priority: create value for all parties.

While companies and industries care about meeting customer requirements, they are naturally organized around their core products. Most financial-services companies organize their services as products. Services businesses are overwhelmingly customer-facing, fast-paced and people-intensive. They operate in an environment very different from the inward focus of a traditional, product-only business.

In financial services, profits depend on customers buying value-added products. Many companies offer services that no longer set them apart from their competitors. MarkCrest develops value-creating services that carve out a market in competitors’ value chains and also raise those customers’ switching costs. Even services that no longer set a company apart can regain that difference through cross-marketing and licensing. Companies can press this positional advantage and become ever more indispensable to their customers.

When growth slows, many companies focus on their strongest products, cut costs through process improvement, or use successful platforms to expand into adjacent markets. When those traditional tactics reach the point of diminishing returns, firms often turn to services for much-needed revenue. A recurring revenue stream, with less fixed capital and higher margins, is both important and attainable. Intellectual property delivers these value-added product packages within existing customers’ business models: enhance, not change.

Designed and operated on a MarkCrest business model, a new value-added product can work within the business and add to its bottom line without significant cost, building additional revenue on both sides of the equation.

MarkCrest’s focus is to build, manage and develop these products with its clients, creating the value chain for their customers and clients and exploiting opportunities on all sides of the equation.

The Steps Wizard: ten steps from idea to monetization

Two steps create the value, five carry it toward monetization, and the last three audit it and prepare it for diligence.⁠[1] Start at Step 1, or go to the step you are facing now.

  1. Step 1: Idea

    Idea, concepts, proprietary, marketable, brand

    The starting point is an idea, a vision, an architecture: the intellectual property that may be unique, and could be valuable if protected.

  2. Step 2: Protect

    Protect IP: trademark, copyright, patent

    Is the idea unique? If it is, you need to decide how to build a framework that protects it.

  3. Step 3: Plan

    Plan, filings, monitor, opportunities

    Life goes on and things happen, even after your IP is protected. What you have created and protected needs attention too.

  4. Step 4: Policies

    IP policies, compliance, code of behavior, violations

    Once you have a plan, put protocols in place, personally or across the company, for managing your newly protected IP.

  5. Step 5: Access

    Access, trade secrets, shielding IP, safety mechanisms

    Access is a major threat. It can be a serious blow to you or your organization if a person or employee has not agreed to the protocols for managing your IP.

  6. Step 6: Agreements

    Agreements, NDA, contracts, disclosure

    Nothing is agreed until it is in writing. You need that proof if a person or employee does not follow the protocol set for your idea or IP.

  7. Step 7: Ownership

    Ownership, discoveries, inventions, legal action

    Everyone who has access to your IP, or creates new IP inside your organization, must be told clearly that it belongs to you or the organization, and the rule must be followed in private and in public unless a written policy or agreement says otherwise.

  8. Step 8: Audits

    Audits, assets, competitors, regulation, infringement

    Every IP protocol or policy should include a regular audit, to make sure the IP is being optimized and kept relevant.

  9. Step 9: Infringement

    Infringement, protocols, litigation, costs

    This is the part of the process most people neglect. Your IP has created value, and monetization creates more; that process needs integrity, without the cost of infringement actions.

  10. Step 10: Document

    Document, due diligence, partnership, monetization

    Get all your ducks in a row. If you are working toward a monetization or liquidity event, you will need the same documentation you would need to create a public company.

MarkCrest in the record

Founded
2002, as a foundation to help entrepreneurs develop, protect and monetize intellectual property in technology, financial services and business operations, including supply chains.⁠[8]
In its own words
Intellectual property monetization since 2004.⁠[2]
Founder
Maynard L. Dokken, President & CEO.⁠[8]
Method
The ten-step Steps Wizard, from Idea to Document.⁠[1]
Valuations
Almost $500 million in appraised valuations of intellectual property developed by its clients, reached up to 2009. MarkCrest charged its clients no fee.⁠[1]
Patent applications of the period
US 2004/0054613 A1, depositing and investing illiquid or restricted assets, and US 2003/0225619 A1, dealing with loyalty-program points; both with 2002 priority dates, published and later abandoned.⁠[9]⁠[10]⁠[11]

Read MarkCrest’s full history in the record of Maynard L. Dokken

References

  1. a b c d e f MarkCrest: The intellectual-property practice. Maynard L. Dokken, the record. maynardldokken.com/markcrest/#practice
  2. a b MarkCrest (introduction). Maynard L. Dokken, the record.
  3. ↑ Knowledge economy. Wikipedia.
  4. ↑ Intangible asset. Wikipedia.
  5. ↑ What is intellectual property? World Intellectual Property Organization (WIPO).
  6. ↑ Intellectual property. Wikipedia.
  7. ↑ Valuing intellectual property assets. World Intellectual Property Organization (WIPO).
  8. a b MarkCrest: Origins (2002). Maynard L. Dokken, the record. maynardldokken.com/markcrest/#origins
  9. ↑ MarkCrest: A family of value-exchange filings. Maynard L. Dokken, the record. maynardldokken.com/markcrest/#family
  10. ↑ US 2004/0054613 A1: System and method for depositing and investing illiquid or restricted assets. Google Patents, published 18 March 2004.
  11. ↑ US 2003/0225619 A1: System and method for dealing with loyalty program points. Google Patents, published 4 December 2003.

Every source above was opened and checked on 3 November 2026.

Further reading

Background on the subjects of this page, not cited above. Each link was opened and checked on 3 November 2026.