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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.
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.
Others have accused him of being a “patenttroll” based on the broad interpretation of his patents and his litigious enforcement activity. His entities have filed a whopping 1,249 patentinfringement lawsuits with 23 of those pending. This certainly qualifies as a high volume patenttroll.
Challenges of Patent Enforcement in a Globalized World: While globalization offers opportunities for expanding patent protection, it also presents challenges, particularly in enforcing patents across different legal systems. This will reduce administrative burdens and enhance cross-border patent collaboration.
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