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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 PatentInfringement claims to win arguments and court judgments for profit or to stifle competition.
The second kind, private parties, often use the patents they acquire for profit through damage or settlement awards, or royalties and licensing rights. NPEs who acquire patents solely for profit (and not commercialization) are also called “PatentTrolls” or “ patent assertion entities.”
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). “Everyone infringes” is an NPE’s dream. 6] Why is patent litigation so tied to the capital markets?
As a result, businesses are leveraging patents to secure their innovations in green technology, ensuring they stay competitive in a market that values sustainability. Companies operating in multiple countries face the challenge of navigating different patent laws and regulations.
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