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The Truth Behind Patent Trolls Issue Brief (view source)
Revision as of 16:59, 23 March 2016
, 16:59, 23 March 2016→What is a Patent Troll?
No agreed-upon definition of patent troll exists. The term patent troll is used interchangeably with the terms non-practicing entities (NPEs) and patent-assertion entities (PAEs). Despite similar sounding names, several key differences exist between the three terms.
Non-practicing entities own patents, but do not necessarily create products out of these patents. This behavior is pretty common. '''(Get statistics about number of patents not used)''' Universities are examples of non-practicing entities. Faculty members may file for patents based on their work in a laboratory and receive a patent. Then, those faculty move on to a different project and do not use the patent they hold.