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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 Patent Infringement claims to win arguments and court judgments for profit or to stifle competition.
It didn’t take long for the accusations of patent “trolling” to come out, but King Digital released a statement that they were merely trying to protect their brand name for the upcoming future. The post Creator of Candy Crush Saga Backs Off on Trademark Registration appeared first on Greenspoon Marder LLP.
Furthermore, open-sourcing immensely helps companies and firms in tackling patenttrolls. Open-source repositories such as GitLab and GitHub that are publicly available and verifiable have proved to be crucial resources in invalidating trollpatents. In this scenario, obtaining patent protection may be a wise decision.
A prudent IP strategy would therefore consider patent protection for more physical innovations and trade secret or copyright protection for software. Here, companies should consider which brands are most significant and file for registration of the trademarks relating to those brands. Here, too, not all lawsuits are created equal.
Volume of decisions by hearing officers: registrability decisions have first mover advantage. One of the risks of looking at only one side is that you can’t actually grant a “narrow” registration. Question to explore: is the large number of these connected to post-registration audit?) That’s of registrations w/a response.
Blockchain Technology and Patents : Blockchain is an immutable ledger that records and processes assets for business entities. This will reduce administrative burdens and enhance cross-border patent collaboration. It will also enable tokenization of patents for easier trading and new revenue models for inventors.
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