How big companies are stopping Congress from fixing the patent system

How big companies are stopping Congress from fixing the patent system

6/17/2015

link

https://www.vox.com/2015/4/30/8521263/patent-reform-trolls-quality

summary

This article discusses the issue of patent trolls and the need for patent reform. It explains that patent trolls are companies or individuals who acquire patents not for the purpose of creating new inventions or products, but rather for the purpose of suing other companies for infringement. The article highlights the negative impact of patent trolls on innovation and economic growth, as well as how they exploit the flaws in the patent system. It also explores the efforts made to reform patent laws and improve patent quality in order to address the issue of patent trolls. The author argues that patent reform is essential for fostering innovation and protecting legitimate inventors.

tags

patent system ꞏ patent reform ꞏ patent trolls ꞏ patent quality ꞏ intellectual property ꞏ innovation ꞏ legal issues ꞏ tech industry ꞏ technology ꞏ entrepreneurship ꞏ startups ꞏ legal reform ꞏ patent litigation ꞏ innovation ecosystem ꞏ innovation policy ꞏ copyright ꞏ patent office ꞏ patent law ꞏ patent infringement ꞏ patent claims ꞏ innovation economy ꞏ innovation landscape ꞏ innovation incentives ꞏ patent holders ꞏ patent disputes ꞏ patent rights ꞏ patent protection ꞏ software patents ꞏ patent licensing ꞏ patent examination ꞏ patent prosecution ꞏ patent validity ꞏ patent database ꞏ patent applications ꞏ patent examination process ꞏ patent examination standards ꞏ patent examination guidelines ꞏ non-practicing entities ꞏ patent portfolio ꞏ patent lawsuits ꞏ patent assertion ꞏ patent reform legislation ꞏ patent reform debate ꞏ patent litigation costs ꞏ patent examination backlog ꞏ patent quality improvement ꞏ patent office efficiency ꞏ technology patents ꞏ patent system flaws ꞏ patent system challenges ꞏ patent system risks ꞏ patent system impact ꞏ patent system evaluation ꞏ patent system criticisms ꞏ patent system analysis