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The Truth Behind Patent Trolls Issue Brief (view source)
Revision as of 15:56, 23 March 2016
, 15:56, 23 March 2016→Why Patent Assertion Entities are Good for Innovation and Small Businesses
==Why Patent Assertion Entities are Good for Innovation and Small Businesses==
The current U.S. patent system restricts the market for innovation with high transaction costs and legal risks. [http://www.wired.com/2015/01/fixing-broken-patent-system/] Most small and medium-sized businesses are unable to afford the costs associated with potential patent litigation, which prevents the commercialization or licensing of over 95 percent of current active patents. [http://www.wired.com/2015/01/fixing-broken-patent-system/] Therefore, smaller-sized businesses must rely on patent assertion entities to protect their patents and defend against expensive litigation. Patent assertion entities aggregate and manage patents and have the expertise to legitimately protect patents from infringement. [https://www.whitehouse.gov/sites/default/files/docs/patent_report.pdf]
==Are Patent Trolls Really that Big of a Problem?==