panelists will discuss innovative approaches to monetizing intellectual property. examples to be...
DESCRIPTION
Panelists will discuss innovative approaches to monetizing intellectual property. Examples to be presented include the approach of Intellectual Ventures, which creates new inventions, invests in existing inventions, and partners with individuals, universities, and research labs to develop inventions; emerging models in the university landscape such as the iBridge Network, an online platform that aggregates university-based research, investigators and technology acquirers, resulting in 850 transactions over three years; the Pediatric Medical Device Idea Campaign, which seeks to engage a broad community in the innovation process; and the evolution of IBM's approach to IP, and its Smarter Planet initiative, which aims to make many aspects of our world 'smarter' by optimizing knowledge sharing and network utilization for a better way of living.TRANSCRIPT
Intellectual Ventures in a Global Intellectual Property Marketplace
Mark Mendel, PhD
Head of US Life Science & Physical Sciences Invention Management Team
March, 2010
INVENTING A BETTER WAY
Intellectual Ventures is a global company that invests in inventions and new business models to encourage a dynamic invention marketplace.
Making it easier for buyers and sellers of invention rights to engage efficiently and be rewarded.
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Invention Capital: Invest in Ideas
Research Phase Corporate Phase
Go-to-MktProductizationBasic/Applied
ResearchOngoing Research
Death Valley
Investment A
mount
GrantsJoint Research
Angel
Venture Capital
Corporate Collaboration
Bank Financing
Stock Market
Intellectual Ventures“Invention Capital”
Three Methods to Source Inventions
Invention Capital
MarketGlobally
ProtectGlobally
SpecifyOpportunity
PackageSolution
Partner
Buy
Build
A MORE EFFICIENT INVENTION MARKETPLACE Intellectual Ventures makes it easier for buyers and users to engage
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InventorsReceive fair compensation
Focus on Inventing
A market alternative to litigation
IVReward inventors
Create new business models
Evaluate and acquire invention rights efficiently
Technology users
Secure invention rights
Focus on business
Avoid cost and disruption of
litigation
INTELLECTUAL VENTURES 2010
Capital
$5.5 billion under management
$330M paid to inventors in 3 years
$1 billion+ returned to investors
Expertise
Evaluating 30,000 assets/year
State-of-the-art invention laboratory
Thousands of patents filed
Business models
Build, buy, partner
25,000+ patents
650 employees and dedicated team members
Worldwide
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Litigations filed: 0
Licensing and advisory (e.g. Thinkfire, Ipvalue, iPotential)
- Help companies commercialize intellectual property
Auctions and aggregators(e.g. Ocean Tomo, PL-X, iBridge)
- Organize multiple auctions per year- Sellers include individuals, large companies
Portfolio assertion companies(e.g. Acacia, Mosaid)
- Assert individual portfolios
Investment companies(e.g. Rembrandt IP, Altitude Capital)
- Private investment companies- Finance later-stage development or litigation
Strategic acquisition companies(e.g. RPX, Allied Securities Trust)
-“Catch and release" acquisition- Licenses for investors
Invention Capital companies(e.g. Intellectual Ventures)
- Capital + expertise + business models- Build, buy and partner to develop inventions
MANY FREE MARKET MODELS EMERGING
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