Intellectual Ventures

Intellectual Ventures is a private company that creates, invests in, and manages inventions and patents related to technology and science. It acts as a steward of innovation, acquiring patents from inventors and companies, and licensing these patents to other firms to develop new products or improve existing ones. By doing so, Intellectual Ventures helps fund invention development and manages intellectual property, encouraging innovation while also enabling its partners to avoid costly patent disputes. Essentially, it facilitates the sharing and protection of technological ideas in a way that supports progress and commercial application.