Difference between revisions of "Patent Trolls"
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imported>Jackie (New page: There is no widely agreed upon definition of 'Patent Troll', because it is often used interchangeably with the terms Patent Assertion Entity and Non-Practicing Entity, whereas we m...) |
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| − | There is no widely agreed upon definition of 'Patent Troll', because it is often used interchangeably with the terms [[Patent Assertion | + | There is no widely agreed upon definition of 'Patent Troll', because it is often used interchangeably with the terms [[Patent Assertion Entities]] and [[Non-Practicing Entities]], whereas we make a distinction between these three terms. For our study, we define Patent Trolls as a 'person or entity that attempts to enforce patent rights against accused infringers far beyond the patent's actual value'[https://en.wikipedia.org/wiki/Patent_troll]. Their asked damages are far beyond the market value of the patent. This is a tactic used to scare small businesses in the initial demand letter, when pressing them to pay the fee to license the patent. |
Hypothesis: Patent trolls will generally push for settlements and jury trials. | Hypothesis: Patent trolls will generally push for settlements and jury trials. | ||
Revision as of 15:05, 14 March 2016
There is no widely agreed upon definition of 'Patent Troll', because it is often used interchangeably with the terms Patent Assertion Entities and Non-Practicing Entities, whereas we make a distinction between these three terms. For our study, we define Patent Trolls as a 'person or entity that attempts to enforce patent rights against accused infringers far beyond the patent's actual value'[1]. Their asked damages are far beyond the market value of the patent. This is a tactic used to scare small businesses in the initial demand letter, when pressing them to pay the fee to license the patent.
Hypothesis: Patent trolls will generally push for settlements and jury trials.
