In Pursuit of the Hardest, Riskiest and Most Valuable Innovation
As IBM was preparing to announce yet another milestone achievement, this year receiving 9,100 U.S. patents in 2018, I had the opportunity to sit down for an on the record conversation with Mark Ringes, Vice President and Assistant General Counsel for IBM, and Manny Schecter, Chief Patent Counsel for IBM. Our conversation was wide-ranging, but what appears below specifically relates to IBM’s innovation leadership and quest to patent as much of its technology and innovation as possible. We discuss how IBM’s commitment to innovation and how the company is unafraid of pursuing the hardest, riskiest innovations because those will be the most valuable innovations in the future. Of course, even IBM is constrained with a budget, and must report to shareholders, so the philosophy is to obtain patents in a variety of areas and allow the research, technology and market realities dictate where future resources, and company efforts, are placed.