What is the difference between an invention and a patent?
In the simplest form, an invention is the idea and a patent is the formal property right to that idea. At Intellectual Ventures, we invest in invention because we believe it’s the highest-value activity a company can support, yet it’s an activity that is most often overlooked, under-funded, or done as a sideline, and nearly always taken for granted. Because of that, many great ideas go unpatented.
