Intellectual Ventures, Beasley, BSA: Intellectual Property

Intellectual Ventures, the so-called “invention company” begun by former Microsoft Corp. chief technology officer Nathan Myhrvold, has set up an in-house lobbying team in Washington, according to the Washington Post.

The focus of the lobbying efforts will include patent reform, intellectual property rights and taxation of patent royalties for the company that has bought more than 70,000 patents, the newspaper reported.