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Patent Trolls: Predatory Litigation and the Smothering of Innovation

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Patent Trolls: Predatory Litigation and the Smothering of Innovation - Watkins, William J, and Shughart II, William F (Foreword by)
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Stiflers of innovation, patent trolls use overbroad patents based on dated technology to threaten litigation and bring infringement suits against inventors. Trolls, also known as nonpracticing entities (NPEs), typically do not produce products or services but are in the business of litigation. They lie in wait for someone to create a process or product that has some relationship to the patent held by the troll, and then they pounce with threats and lawsuits. The cost to the economy is staggering. In Patent Trolls: ...

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Patent Trolls: Predatory Litigation and the Smothering of Innovation 2014, Independent Institute

ISBN-13: 9781598131703

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