Summary of The Future of Invention – What's at Risk

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

The Future of Invention – What's at Risk summary
Start getting smarter:
or see our plans

Rating

8

Qualities

  • Eye Opening
  • Overview
  • Inspiring

Recommendation

In this inspiring interview, Intellectual Ventures founder Nathan Myhrvold explains to George Mason University law professor Adam Mossoff how investing in technological inventions benefits investors, inventors and humanity. Each year, Intellectual Ventures provides a number of inventors with the capital they need, so they can focus on their projects. It also takes care of patents and production. Enough of the inventions succeed that the investments prove profitable overall. getAbstract recommends their discussion to venture capitalists, inventors and anyone interested in how inventions can make our world a better place.

About the Authors

Nathan Myhrvold is the founder and CEO of Intellectual Ventures. Adam Mossoff is a co-director of academic programs and senior scholar of the Center for the Protection of Intellectual Property.

 

Summary

Intellectual Ventures manages $6 billion of investment funds, which it uses to bankroll new and existing inventions, including an advanced nuclear reactor and a cold-storage container for vaccines in developing nations. Because most inventions take between 20 and 25 years to move from inception to profitability – with many never reaching success – Intellectual Ventures spreads its risk by investing widely. On average, the successes pay for the failures. When it backs the invention of a small component for an established industry such as aviation, it licenses...


More on this topic

Customers who read this summary also read

The New IP Strategy
8
The Inside Story of BitTorrent’s Bizarre Collapse
7
The Changing Face of Innovation in China
8
Nuclear Power Is Not the Answer in a Time of Climate Change
8
Small Reactors Could Kick-Start the Stalled Nuclear Sector
8
Why Women-Owned Startups Are a Better Bet
8

Related Channels

Comment on this summary