patent trolls
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In Return of the Jedi, Yoda tells Luke “Once you start down the dark path, forever will it dominate your destiny, consume you it will.” Luckily for me, this didn’t apply to the patent world. I spent seven years on the “dark side” working for patent trolls before coming back to the light. Patent trolls are companies that derive all or almost all of their revenue… Read More
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As a former patent examiner, I recognize that the patent system, in its purest form, should protect and incentivize innovation through a limited-term contract, offering exclusive monopoly rights covering a technology, product or design element. In practice, it’s much uglier, and by no means did the Founding Fathers intend for patents to be utilized toward incremental monopolization ploys. Read More
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Patent trolls, more formally known as Patent Assertion Entities (PAEs), pose a major threat to American businesses. A study published by the Boston University School of Law revealed that more than six times as many patent lawsuits are filed today as in 1980. More than 10,000 companies have been sued at least once by a PAE, and litigation by PAEs using acquired patents is increasing at an… Read More
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