IV Insights Blog

Posts tagged: Edward Jung

IV’s Best Nine of 2016: Nine Pictures Worth 9,000 Words

The first photograph made in a camera was taken in the 1820s. Because of the early photographic process, the image is difficult to view. In fact, at first glance, it can be hard to see the image at all. However, if viewed from a specific angle and in specific lighting, the image’s unique story comes to life. Almost 200 years later, this notion that an image has the power to capture a pivotal moment in time if taken and viewed in the right circumstances still holds true. Some images need context. Others require the photographer to zoom in, zoom out, or even change the angle of the camera, to tell the full story.

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Exploration at the Heart of Invention

On July 20, 1969, Apollo 11 reached the moon. 47 years ago, man took his first steps there. Today we’re reminded of how fast technology can develop in the right environment and the distance that invention can take us when inventors, investors, big and small companies, governments, universities and communities work together. 

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News You Can Use: June Edition

June was an exciting month for news. Intellectual Ventures founder and CEO Nathan Myhrvold shared his thoughts on how to make invention come to life at the Bloomberg Tech Conference, we celebrated National Dairy Month with a review of Global Good’s AI Shield, highlighted inspiring IV staff, and reviewed the state of global and American innovation. Check out some of the links we’re loving this June.

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News You Can Use: Intellectual Ventures in the News

It’s been a busy holiday season at IV. We opened our brand new state of the art Lab and announced the creation of the Technology Development Center in Singapore. All the while, we profiled some of the leading female STEM trailblazers, highlighted brilliant veteran inventors, and shared our 2015 Inventor’s Gift Guide.

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International Governments Prioritize IP Development

Intellectual property development and protection is a global enterprise, and more and more countries are viewing IP as a critical asset to their economies. Global buy-in on the importance of IP is moving governments to incentivize inventors to find cutting-edge solutions to today’s most pressing challenges.

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IV in the Community: January

New year, new opportunities to tell our unique story. Over the next few months, Intellectual Ventures employees from across the company will be out in the community talking about everything from what the West can learn from Asia’s innovation boom to the longer-term consequences of Ebola.  

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Asia’s Invention Boom (Part 2)

In my earlier post, Asia’s Invention Boom, we explored how Asian countries have moved from imitation to innovation. Why should the US welcome the challenge Asian countries are asserting in becoming the dominant global force for innovation?

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Asia’s Invention Boom (Part 1)

For more than a century, the United States has been the dominant global force for innovation. But China and other Asian countries are now testing that dominance, and the West should welcome the challenge.

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Global Leaders Chart the Future

The Boao Forum for Asia came to North America for the first time this year, and Seattle proudly hosted what’s become a prestigious gathering of the brightest minds in government, business, and academia.

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Everything Ventured, Everything Gained

On July 20, 1969, Apollo 11 reached the moon. 45 years ago, man took his first steps there. Today we’re reminded of how fast technology can develop in the right environment and the distance that invention can take us when inventors, investors, big and small companies, governments, universities and communities work together.

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From Teen To Techie In Twenty-Four Hours

“When we’re children, we’re natural inventors…. When kids come out of college, what happened to that inventive capacity?”

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#Shelfies @IVInvents

“Selfie” might have been the Oxford Dictionaries designee for 2013’s word of the year, but at Intellectual Ventures (IV), we admit to being more partial to the rise of the “shelfie,” a photo of a favorite bookshelf shared on social media. Not to be confused with an April Fool’s joke, the #shelfie  has been referred to as the “ultimate antidote to the selfie” and first credited to the children’s book author Rick Riordan. So it’s probably no wonder then that a company with a place for everyone from paralegals to nuclear physicists has an equally eclectic taste in #shelfies. Here we review our five favorites at IV:

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Misleading Indicators (Part 2)

In my earlier post, Misleading Indicators, I asserted that relying on traditional economic indicators, such as GDP, may be sabotaging the development of thriving innovation economies.

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Misleading Indicators

“If you can’t measure it, you can’t manage it.” That is the wisdom behind metrics like gross domestic product and other aggregate indicators that signal the health of national economies around the world. Policymakers and planners have used these numbers for decades to help them understand how to guide domestic economic growth.

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Young Entrepreneurs Follow Their Dream Career from Malaysia to Silicon Valley

New ideas are only as promising as the people who are willing to explore them, test them, build them, and share them. In October 2013, 540 young entrepreneurs from over 100 countries dedicated 36 hours to exploring ideas at the Global Startup Youth (GSY) competition in Kuala Lumpur, Malaysia. Their goal: invent a mobile app solution for pressing problems in education, environment, health, and women’s empowerment.

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Plugging in Green Tech

By most measures, solar energy should be a resounding success. Technical breakthroughs and continuous improvements in efficiency have driven the price of solar panels from $100 per watt in the 1970’s to less than $1 per watt today.

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Creating an Innovation Ecosystem

Yesterday, following a panel on “Innovation, Dynamism and Entrepreneurship” at the Global Economic Symposium in Germany, Intellectual Ventures’ co-founder and CTO, Edward Jung, was interviewed about what it takes to create an innovation ecosystem.

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Silicon Valley or Demand Mountain? (Part 2)

In my earlier post, Silicon Valley or Demand Mountain? (Part 1) I argued that hubs of innovation are not always borne out of some intrinsic idea or exceptional culture, but are built instead on demand: specifically, state-sponsored demand. Smart governments have backed some of the biggest and riskiest waves of innovation by guaranteeing demand not only for technical solutions themselves, but for the steps along the way.

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Silicon Valley or Demand Mountain? (Part 1)

Everyone wants to know how to build the next Silicon Valley: an innovation hub that draws talent and capital, and that creates jobs, companies, and whole new industries. Developed-country governments scramble to subsidize technology that could be the Next Big Thing. Emerging-market policymakers hope that incentives like tax breaks and free land will induce innovators to settle and prosper there. But most of these well-meaning schemes are missing an essential ingredient: demand.

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Green Fields

This week, Intellectual Ventures (IV) and one of Europe’s leading food-production companies announced the establishment of a jointly-owned company in Finland, called Benemilk Oy. In the new venture, our Invention Development Fund will partner with Raisio to develop and market new inventions and technologies that make milk production safer, more efficient and more environmentally responsible. I’m excited about the opportunity to team our expertise and 4,000-strong inventor network with a partner who can help us advance agricultural practices and address the global problem of ensuring food sufficiency.

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East Meets Us

There’s been a lot of concern about the recent slowdown in China’s economy. That concern is understandable, since a downturn in the world’s second largest economy could trigger problems for Europe, maybe even another global recession. But there’s one aspect of Chinese prosperity that the usual metrics don’t capture: Chinese intellectual property. 

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The Next Age of Invention

"Invention” is a loaded word. It recalls the historical concept of the lone genius perfecting an idea in the basement. And it’s true that isolated efforts gave us many of the great innovations of the late 19th and early 20th centuries: cars, television, antibiotics, the first CPU and open‐heart surgery, to name just a few.

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The Risk-Taker’s Dilemma

One of the most important ingredients of sustained success is failure. Learnings from failure can teach, spark ideas for new and better approaches, and create new pathways for breakthrough results. Only those who embrace the risk of failure can reap these benefits. 

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IV in the News – A New Year, a New Era of Invention

As 2011 comes to a close and news outlets draw up their inevitable year-end lists, one 2011 factoid caught our eye. “iPhone” was the most popular search term of 2011, marking the first time in 10 years that a piece of technology has topped that list. And so it’s fitting that we also end the year for IV Insights on the theme of invention, with some of IV’s recent press highlights:

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Nathan Myhrvold and Edward Jung Discuss Asia’s Tech Boom in Wall Street Journal

Last Saturday, Intellectual Ventures co-founders Nathan Myhrvold and Edward Jung contributed an op-ed to the Wall Street Journal, discussing the Asian tech boom and its impact on Western tech interests.

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Students of Invention: Edward Jung Visits Beijing’s Peking University

The lecture hall was standing-room only at Beijing’s Peking University as our co-founder and CTO Edward Jung spoke to 300 students about the importance of invention on March 10th. Several members of our IV-China office also couldn’t resist attending the lecture.

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Monetizing Patent Portfolios

A few weeks ago Edward Jung, IV’s founder and CTO, blogged about creating an invention ecosystem. IV contributes to that ecosystem in a variety of ways. One of the less known ways is to benefit companies by using financial instruments to allow them to monetize their patent portfolios. This allows those companies to provide value to their shareholders while funding future innovation. We have a team here at IV who does exactly this.

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Creating an Invention Ecosystem

Creating a market for intellectual property (IP) was one of our clear goals in founding Intellectual Ventures. We saw an opportunity to develop a system of buyers and sellers setting value for intellectual assets through open competitive markets where none had existed before. In just a few years this market, and IV, have grown faster than we’d ever imagined they would.

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