Venture Capital Investment in Patent-Intensive Industries Falling

Are We Really Encouraging Innovation?

The race to develop a COVID-19 vaccine illustrates how vital scientific innovation is to our entire society – and also how arduous and uncertain scientific research can be. Scientific ventures are massive undertakings. For organizations to undertake such pursuits, there needs to be a reasonable expectation of a return on investment. This stance is not money-grubbing. A return on investment is necessary to enable the massive expenditures that go into developing lifechanging innovations.