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A decade ago, patenttrolls were all the rage in the patent world. If there was a rock-star matter in the patent world, it was the debate over trolls. It got this Kat to wonder: has patenttrolling become such an ""oh so yesterday" subject? PatentTrolls, ?nd Focusing on the U.S.,
By reintroducing the requirement that inventors submit a miniature working model of their inventions along with their patent, legislators could help to deter patenttrolls, reduce frivolous litigation and support legitimate inventors in protecting their innovations, says Darin Gibby at Kilpatrick.
The term ‘PatentTroll’ originated in 1994 in an educational video by Paula Natasha Chavez called the ‘Patents Video.’ ’ A patenttroll is a term used for describing a company that uses Patent Infringement claims to win arguments and court judgments for profit or to stifle competition.
Google’s contribution to the US patent system. Healthy patent systems can sometimes be described as a way to incentivize creative inventions, encourage building on existing ideas, and avoid frivolous litigation. Concern with the US patent system. Google also helped discover the License on Transfer Network. Source: RPX.
Introduction Patenttrolls are entities that do not actively develop their inventions but instead acquire patent rights for obvious inventions to prevent others from working on them or to collect licensing fees. Without adequate resources, these inventors might not receive fair compensation for their innovations.
A patent is a form of Intellectual Property (IP) granted to the owners of an invention or innovation, giving them the right to control how others could use or exploit their invention or innovation. If a business company releases its software via open-source licensing, it can limit the company’s ability to assert its Patent Rights.
The Patent Infringer Lobby has ramped up banging the drum about “patent quality.” They dedicated a week-long campaign to questioning "patent quality,” which its constituents regard as a huge problem. Patent and Trademark Office (USPTO) Director Andrei Iancu left the building.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Technologies is similar to other NPEs, asserting two patents against well-known companies for technology that has been around since the turn of the millennium.
Smith & Nephew, Inc , the Supreme Court determined that the structure of Administrative Patent Judge (“APJs”) appointments—or lack thereof—was unconstitutional and took it upon itself to restructure the Patent Office’s chain of command. This makes removing patents far easier.
Most nonpracticing entities are private firms owned by patent attorneys, investors, or a combination of the two. And in virtually all cases, NPEs purchase the asserted patents from another company seeking to divest assets for cash. His entities have filed a whopping 1,249 patent infringement lawsuits with 23 of those pending.
The USPTO has issued a request for comments regarding the impact of AI on patentability. The USPTO specifically calls for views on how the proliferation of AI could affect evaluations of patentability, including what qualifies as prior art and the capabilities of the person skilled in the art. Comments are due by 29 June 2024.
Patents , as a vital form of intellectual property (IP), safeguard these innovations, providing inventors and businesses exclusive rights to their inventions while promoting the dissemination of knowledge. As we move through 2024, several key patent trends are reshaping the future of innovation.
Let’s dive into the key points discussed: AI in Patent Law : Yuri discusses the potential of AI in the field of patent law. However, he also points out potential issues, such as the risk of AI being used to train competitors’ AI when drafting patents.
In 2001, six years before the iPhone appeared, a futurist named Ray Kurzweil wrote that humankind would cram 20,000 years of technological progress into the century that had just begun.
Patents A South African decision to recognize an artificial Intelligence system (DABUS) as an inventor was one of most discussed IP news items of the last several weeks [see The IPKat’s posts on the DABUS saga in various jurisdictions here , here , and here ].
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