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Violation of the exclusive right of the patentee includes any unauthorised method of introducing into civil circulation a product made using a patented utility model. A patent or trade mark troll’s strategy consists of finding potential defendants who find it less expensive to negotiate a settlement rather than litigate.
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.
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In this episode, Yuri delved into the transformative potential of AI in IP Law, offering a glimpse into the future of this exciting field. Let’s dive into the key points discussed: AI in PatentLaw : Yuri discusses the potential of AI in the field of patentlaw.
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” The crackdown follows years of criticism that the Chinese patent system was being abused by “patenttrolls” who filed frivolous lawsuits or submitted low-quality applications in order to extort money from companies.
While most patent offices, including the United States Patent and Trademark Office (USPTO), have ruled that AI cannot be listed as an inventor, the debate continues. As AI technologies evolve, regulators and lawmakers may need to revisit patentlaws to accommodate the unique challenges posed by AI innovation.
Our SpecialKat Chijioke Okorie published an instructive post on South Africa’s patentlaws and how the absence of a definition for ‘inventor’ enabled South African authorities to register the DABUS patent.
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