Intellectual Ventures is built on the spirit of invention—a focus on what could be rather than what is. This has made us the leader in the business of invention and a driving force in the creation of a market that recognizes the value of ideas. But we wouldn’t be true to this spirit if we stopped there and didn’t keep one eye looking toward the future.
Led by Co-founder and CTO Edward Jung, IV is exploring the future of innovation itself and how we can build on our core business to remain at the forefront. As the market for invention matures, we’re looking at new models to generate demand, fund inventions, connect them with those who need them most, and do it all with the collaboration, context, and scale needed to tackle some of the world’s most daunting problems.
Edward Jung speaks with MIT Technology Review about the need for a new model of innovation that meets the scale and scope of 21st century challenges.