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Professor of Law at Harvard Law School, where she teaches contracts, international IP, patents, copyright, and courses on Biblical Law. Individuals and companies commonly engage in the strategic purchasing of critical blocking patent portfolios. Professor Ruth L. Okediji is the Jeremiah Smith Jr.
A settled “patenttroll” lawsuit is typically not the end of the world and is very common for any company in the middle market or larger. Licenses A buyer’s legal counsel will review every material contract of a company and look for issues that may occur after close.
This will reduce administrative burdens and enhance cross-border patent collaboration. Proof of Innovation and Enforcement: Blockchain will provide immutable, time-stamped proof of invention and facilitate better patent enforcement, reducing patenttrolls and disputes.
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