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Funding Innovation for the Long Haul

Last month, Senator Richard Durbin and Representative Bill Foster of Illinois introduced a bill that would fund basic science research at five federal agencies to the tune of $100 billion over the next decade, including guaranteed annual increases of 5 percent over and above inflation. Senator Durbin and Congressman Foster believe that this increased long-term funding for basic R&D is essential to keeping the U.S. competitive in the global economy. I couldn’t agree more.

Funding Innovation for the Long Haul

But, given the hefty price tag, I think it’s important to point out that sustained government support is not just necessary for economic competitiveness. It’s also the most effective mechanism for generating the kind of deep innovation that changes our lives and the world.

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A World Free of Malaria?

Medical texts from as early as 2700 B.C. include descriptions of malaria—a disease caused by wily parasites transmitted through the bite of a mosquito. Scientists, inventors—even soldiers—have spent centuries searching for remedies and preventions against the disease that today affects nearly 200 million people annually, and is the leading cause of child mortality in the developing world. 

A World Free of Malaria?

Bed nets, antimalarial drugs, and insecticides have all helped to reduce the number of malaria cases, but no one approach has solved the problem. Scroll through some of the malaria interventions used throughout history:

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Behind the Breakthrough: Dr. Michael Manion

This week on Behind the Breakthrough, we’re profiling Dr. Michael Manion, the director of Keon Research, a company dedicated to creating exciting and valuable inventions. Dr. Manion also serves as an Inventor & Portfolio Investment Manager at IV, where he is a consultant to the Invention Development Fund.

Behind the Breakthrough: Dr. Michael Manion

Dr. Manion’s impressive background in biophysics and physiology first led him to conduct groundbreaking research in cancer therapeutics, discovering new compounds from novel understandings of cell signaling. Since then, Dr. Manion has created more than 100 diverse inventions and continues to work on innovative ideas, anticipating the next big breakthrough.

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News You Can Use: From Invention to Innovation

Invention sparks progress and inspires the inquisitive. But, turning a transformative idea into innovation requires confidence in a supporting infrastructure of business development and more. For this edition of News You Can Use, we’ve got stories about breakthrough inventions and how states can create the best environment to help invention become innovation.

News You Can Use: From Invention to Innovation

Popular Science Names “Ten Greatest Inventions” of 2015

Popular Science released its May 2015 special invention issue this week. Winners of the year’s top invention honors include a personal pollution monitor, artificial reefs for seafloors, and a frying pan that teaches you to cook.

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Behind the Breakthrough: Pat Pataranutaporn

This week on Behind the Breakthrough, we’re profiling Pat Pataranutaporn. When he’s not creating computer control system software and interactive research interfaces, he studies biological sciences at Arizona State University, where he also serves as a researcher at the Swette Center for Environmental Biotechnology.

Behind the Breakthrough: Pat Pataranutaporn

Pat participates in projects with StudentRND, a nonprofit that hosts events, camps, and forums to support student inventors. We spoke with him after he participated in StudentRND’s CodeDay, a 24-hour “hackathon” designed to support students as they pursue inventions.

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Staff Spotlight: Shannon Kuyper

Today we’re highlighting Shannon Kuyper, a research program manager at the Intellectual Ventures Laboratory. Shannon’s science roots combined with her business training gives her a unique perspective on the shared challenges and opportunities for many of the lab’s projects.    

Staff Spotlight: Shannon Kuyper

In her spare time, Shannon competes in Olympic weightlifting competitions around the country. If you’d like to learn more about Shannon and her work at the lab, check out the lab’s original interview.

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For Success, Invent In and Out of the Lab

Bell Labs. Skunk Works. IBM. These labs have attained almost mythical status for their record-setting pace of innovation in the 20th century. And while offering inventors a central location to brainstorm still yields benefits, it’s no longer enough for companies to just focus on R&D laboratories.

For Success, Invent In and Out of the Lab

IV Lab’s Instrument Shop offers a broad range of equipment and in-depth knowledge for scientific instrument manufacturing and testing.

A model of isolation simply doesn’t allow companies to build the unusual collaborations that can elevate a good invention to a breakthrough innovation.

This is not to say that labs aren’t important – Intellectual Ventures relies heavily on its laboratory to develop the technology behind Global Good’s Arktek device or the Echodyne MESA radar. But overemphasizing a lab’s singular role in inventing can result in overlooked opportunities. That’s why IV leverages an extensive network of inventors to brainstorm on new ideas.

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News You Can Use: Encouraging Youth Inventors

For this installment of News You Can Use, we’re featuring stories about young inventors and initiatives that support developing the next generation of innovators.

News You Can Use: Encouraging Youth Inventors

IV President and COO Adriane Brown speaks regularly about the importance of supporting students so they can realize their dreams. The following stories describe some of the great work youth are doing now and highlight investments in their continued success.

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Behind the Breakthrough: Dr. David Paranchych

This week on Behind the Breakthrough, we’re profiling Dr. David Paranchych, Engineering Director at IV and expert in the field of cellular wireless communication. His background in electrical and computer engineering helped him invent an improvement for a power control algorithm in early CDMA cellular networks. Later, Dr. Paranchych was a representative to the standards committee that ultimately created LTE – a staple of the modern wireless landscape.

Behind the Breakthrough: Dr. David Paranchych

Dr. Paranchych’s many years of experience provide him with valuable insight on the newest trends and opportunities in communications technology.

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Sharp Corporation Enters into License Agreement with Intellectual Ventures

Intellectual Ventures (IV) announced that it has signed a license agreement with Sharp Corporation (Sharp). The deal provides Sharp with a license to IV’s patent portfolio of more than 40,000 intellectual property (IP) assets in more than 50 technology areas.

Sharp Corporation Enters into License Agreement with Intellectual Ventures

IV provides a variety of solutions for companies looking to develop and enhance their intellectual property (IP) strategies and counts many of the world’s leading technology companies as customers and partners. Companies around the globe rely on IV to help them meet their strategic business needs and to provide guidance on developing and acquiring invention rights relevant to their product roadmaps. In addition to traditional IP licensing deals, companies can work with IV’s in-house inventors and its network of more than 4,000 inventors and its relationships with nearly 400 institutions, including many leading universities, around the world to help bridge the invention gap between the invention rights a company may already have and the invention rights a company may need.

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On the blog: IV founder & #CTO Edward Jung on the Durbin bill & the importance of government funding for #R&D. ow.ly/MeVci

Apr 28

Moving from Idea to Patent - When Do You Have an Invention? via ipwatchdog.com/2014/06/21/mov…

Apr 26

Many thanks to @IVinvents for supporting the 2015 IP Video Contest & IP education! Learn how your org. can help at bit.ly/1nqlynI

Apr 24