Intellectual Ventures

Transcription

1 Intellectual Ventures Hong Kong December 7, 2012 Yan, Sheng President, IV (China)

2 Founded in 2000, Headquarters in Bellevue, Washington, and satellite offices in Austin, Bangalore, Beijing, Dublin, Seoul, Silicon Valley, Singapore, Sydney, Tokyo, and Vancouver Leading through Innovation, with more than 40,000 IP assets in active monetization programs 2 60 investors $5 billion under management >$2 billion in licensing revenue $400 million paid to inventors 800 team members worldwide 4,000 active inventors and more than 450 universities and institutions in our international network 2

3 IV s Funds Venture ISF Invention Science Fund Builds new inventions IDF Invention Development Fund Partners with inventors and institutions 3 IIF Invention Investment Fund Buys inventions Private equity Build alongside IV s world-class in house invention team and IV Lab. Buy patents, develop and manage patent portfolios Partner with a global network of great inventors and the tools for invention 3

4 What We Do the business of invention Create and sustain an invention economy through long-term and large-scale investment of time, talent and capital. Develop valuable inventions on our own, by partnering with external inventors, and by investing in existing inventions. Supply inventions to innovative companies through a variety of licensing and 4 partnering programs. We Invent We Patent We Manage IP We Partner 4

5 IV s Revenue Model Licensing Providing companies with access to invention rights to address their IP gap. 5 Technology Transplant Selecting a single invention from our portfolio to license and perform tech transfer to a client company. Open Innovation Giving companies access to IV s inventor network to work on their biggest longterm problems Spin-out Establishing companies around the inventions that come from our employees and inventor network 5

6 IV s vision for China a platform for innovation eco system, assisting China to transform from Made in China to Invented in China. 6 Chinese inventions being recognized around the world -- and inventors being rewarded Chinese invention capitalists creating a competitive market for great ideas Chinese companies gaining access to the needed technologies from the world 6

7 IV s view on patent value in China 100% 50% Patent Infringement Cases in China 7 Patent valuation and markets are a focal point for government and industry Steady improvement in patent regulations and enforcement Growing emphasis on patent quality and applications rather than merely quantity 0% Win Partial Win Loss Source: CIELA China IP Litigation Analysis Actively involved in international applications, working with MNCs on portfolio licensing and purchases Within the next 5-10 years, the value of Chinese patents will be on par with developed countries 7

8 Hong Kong Tech Hub and conduit from China to the world Hong Kong has made enacted policies aimed at becoming a technology hub. In response to these incentives, IV has recently set up its HK operation 8 to: collaborate with HK universities and research institutions on sourcing invention ideas partner with HK-based companies in technology transfer and open innovation activities 8