Sentences with phrase «created by patent trolls»

Not exact matches

Justice Breyer suggested that, although a Phillips - based standard might be appropriate if Congress intended to create a «little court proceeding,» the BRI standard might be appropriate if Congress intended IPR proceedings as a mechanism to allow the public to force a second look at many patents controlled by patent trolls that never should have been allowed.

Patent trolling by opportunistic litigants, who acquire patents not to create products but to pursue a pay - off, is a worrying drain on innovation

Large numbers of Eastern District of Texas filings are being created by a relatively small number of non-practicing entities, also known as «patent trolls.»

«Instead of creating new jobs and investing in new technologies, businesses large and small across many industries — from national realty, construction, and technology businesses to Main Street retail shops, hotels, grocers, convenience stores, and restaurants — continue to be forced to divert scarce resources to fighting frivolous lawsuits and overly broad claims made by Patent Assertion Entities, or «patent trolls».&Patent Assertion Entities, or «patent trolls».&patent trolls».»

Any patent created by a tax exempt organization like a University, federal department (like the Dept of Energy), or any other non-profit that receives a taxpayer subsidy, should be off - limits to trolls.

«Instead of creating new jobs and investing in new technologies, businesses large and small across many industries... continue to be forced to divert scarce resources to fighting frivolous lawsuits and overly broad claims made by Patent Assertion Entities, or «patent trolls».&Patent Assertion Entities, or «patent trolls».&patent trolls».»

We have written before about how a broken patent system has led to an explosion of lawsuits by patent trolls (companies that assert patents as a business model instead of creating products).

The SHIELD Act, or the Saving High - Tech Innovators from Egregious Legal Disputes Act (H.R. 845), is designed to help the innocent victims of patent trolls by creating a «fee shifting» system.

Unfortunately, however, such cost shifting mechanisms do not address the issues created by NPEs (i.e. patent trolls) who amass intellectual property portfolios in order to become virtual gatekeepers on the road of technological advancement.

I've just patented the idea for creating a SHIELD act that protects companies from being sued by patent trolls, and acts that prevent the creation of patents regardless of cost and / or «how - frivolous - they - may - seem.»

In short, the paper finds that investment and entrepreneurship would have been higher if not for the hostile environment created by «frequent patent litigators,» such as patent trolls.

The result is that patents — especially the vague and overbroad software patents beloved by trolls — act as a disincentive to innovate and create.