Intellectual Ventures

Intellectual Ventures is a private company that centers on the development and licensing of intellectual property. Intellectual Ventures is one of the top-five owners of U.S. patents, as of 2011. Its business model has a focus on buying patents and aggregating them into a large patent portfolio and licensing these patents to third parties.

In 2009, Intellectual Ventures launched a prototyping and research laboratory called Intellectual Ventures Lab which attracted media controversy when the book SuperFreakonomics described its ideas for reducing global climate change. Intellectual Ventures also collaborates on humanitarian projects through its Global Good program.