Faces Of Digital Health

What is Impact Investing and Why You Should Consider Patenting Your Ideas (Michael Friebe)

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Synopsis

In this episode of Faces of Digital Health, Michael, an experienced innovator with over 80 patents and a professor in multiple countries, joins to discuss the future of digital health. The conversation dives deep into the concepts of innovation, patent strategies, and the challenges in digital health funding. Michael shares his insights on current investment trends, the future of healthcare, and the potential of technologies like AI and digital tools to redefine medicine. Website: https://www.facesofdigitalhealth.com/ Newsletter: https://fodh.substack.com/ Key Points: The Role of Patents in Innovation: Michael holds 80 patents, but only a few have translated into successful innovations. Patents serve as a starting point for innovation, not necessarily as a direct path to commercialization. Challenges in Patent Development: The difficulty in checking if something has already been patented due to the 18-month confidentiality period. Patenting as a strategy to establish a foundation for future projects and sta