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Litigation as a Source of Profit? Non-Practicing Entities and Patent Litigation

IPilogue

The second kind, private parties, often use the patents they acquire for profit through damage or settlement awards, or royalties and licensing rights. NPEs who acquire patents solely for profit (and not commercialization) are also called “Patent Trolls” or “ patent assertion entities.”

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Patent Assertion Entities: A Boon or a Bane?

Kashishipr

The term ‘Patent Troll’ originated in 1994 in an educational video by Paula Natasha Chavez called the ‘Patents Video.’ ’ A patent troll is a term used for describing a company that uses Patent Infringement claims to win arguments and court judgments for profit or to stifle competition.

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AI and IP Law: Podcast with Yuri Eliezer

LexBlog IP

AI and IP Law: Podcast with Yuri Eliezer by Yuri L. Eliezer AI and Intellectual Property Law An Insightful Discussion with Yuri Eliezer The intersection of Artificial Intelligence (AI) and Intellectual Property (IP) Law is becoming increasingly significant in the dynamic landscape of technology and innovation.

Law 52
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Open-Source & Patent Rights – Can They Co-Exist?

Kashishipr

Furthermore, open-sourcing immensely helps companies and firms in tackling patent trolls. Open-source repositories such as GitLab and GitHub that are publicly available and verifiable have proved to be crucial resources in invalidating troll patents. In this scenario, obtaining patent protection may be a wise decision.

Patent 81
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Patents & Politics Don’t Mix: Why the Supreme Court’s Decision in Arthrex Fails to Fix an Underlying Problem

LexBlog IP

The purported reason Congress created IPRs in the AIA was to “ increase patent quality ” by allowing rapid adjudication of “ [p]atents of low quality and dubious validity” and to “curb abusive behaviors” that cause large companies to settle “frivolous cases.”