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Irwin Jacobs Sets The Standard; The Right Calls: His long-distance innovation put Qualcomm on the digital map.(LEADERS & SUCCESS)

Investor's Business Daily

| May 03, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: REINHARDT KRAUSE

When it comes to mistakes, once is enough for Irwin M. Jacobs.

Jacobs founded consulting firm Linkabit in 1969. Defense contracts provided much of the early revenue for the company, which conducted research for private companies as well as the military.

It paid well. But the downside to contract research was that Linkabit often didn't own the intellectual property rights.

"At Linkabit, we put little effort and energy into patenting things," recalled Jacobs in a recent phone interview. "We had a contract from IMM, International Mobile Machines. It later became InterDigital. They gave us a contract to develop a wireless phone. Because we were under contract, they had the intellectual property."

And the profit that came with it. Linkabit merged with M/A Com in 1981, and Jacobs left four years later. He co-founded Qualcomm in July 1985 with Andrew Viterbi.

He was determined not to repeat the past.

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