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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.,
Over to Konstantin for the story and his take on the developments: "Some may associate businesses whose primary aim is to assert patents in litigation to obtain license revenue with the Eastern District of Texas or the Unwired Planet decision in the UK, and not think about cases further afield from Marshall, Texas or London.
Google has invested in patenting and licensing their engineers’ inventions ( 42,000 home-grown patents ), and has sold patents to smaller companies to help strengthen their portfolios. Google also helped discover the License on Transfer Network. Concern with the US patent system. 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. In a way, patenttrolls serve a purpose, much like lawyers.
He suggests that the standard might need to change in instances where AI is used for patent examination, as what is “obvious” to an AI might not be obvious to a human. Impact on Patent Litigation and Licensing : Yuri predicts that AI could reduce the number of contested patents and therefore the amount of litigation.
In industries such as biotechnology, pharmaceutical research, and software development, companies are increasingly sharing IP through licensing agreements, cross-industry partnerships, and open-source platforms. This will reduce administrative burdens and enhance cross-border patent collaboration. trillion to $6.2
Wendell Roelf and Julie Steenhuysen: Moderna PatentApplication Raises Fears for Africa COVID Vaccine Hub (Source: Reuters). David Phelan: Apple AirPods To Gain Amazing Feature Update, Patent Hints (Source: Forbes). Allison McDaniel: 5G Patent Fight Continues as Judge Sets Date for Apple v. Patent Agent.
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