The business ParkerVision, Inc (NASDAQ:PRKR) aims to include licensing of intellectual property and/or the sale of integrated circuits based on technology for incorporation into wireless devices. It holds around 211 patents including US and foreign, which helps the company to do business. The company has been involved in designing, developing and selling proprietary radio frequency technologies and products for use in semiconductor circuits for wireless communication products. PRKR efforts to the joint development and marketing of wireless radio modules that incorporate our technologies as pointed out in company website. Business scope of such types of companies like this company has been growing always with incremental customers’ base. As business becoming more knowledge based, companies feel to make extra protection of their assets by using support from IP. Intellectual property and patent became important issue. The business houses engaged in IP services are making their portfolio size larger by adding new intellectual assets. The industry growth -followed by significant market penetration into international geography, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets- is significant. The billion dollar industry has been enlarging day after day by supplying solutions of new problems from every corner worldwide. The industry participants have both opportunities as well as challenges to due to a little bit competition in the market. In this industry, there are some big players like Apple, Google, AOL, Microsoft, etc, who are dealing with intellectual products. The list of followers includes some small & medium companies like Marathon Patent Group, Inc. (MARA), SPEX, VRNG, VHC, etc. MARA helps patent owners realize the monetary and strategic value of their inventions with good business scope with IP services as well as licensing and enforcement.