Nathan Myhrvold on Google, Nortel, and the Value of Patents
July 20, 2011
July 20, 2011
Yesterday, Intellectual Ventures CEO Nathan Myhrvold contributed a guest Bloomberg View column on the events of the recent Nortel patent auction, part of a monthly Bloomberg series from Nathan addressing business and technology issues.
Nathan’s column recaps the events that led to the historic $4.5 billion auction, and discusses the implications of the sale on the smart phone wars, and the increasing value of invention rights as a strategic tool for the world’s largest technology companies:
“More importantly, this sale validates the notion that patents will be a fundamental tool in the tech industry. They had been moving toward that position for years, but the magnitude of Nortel’s sale shows that they have arrived.”
Read the column in full to learn more about Nathan’s take on the evolving role of patents in the technology industry.
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