By William J. Watkins,William F. Shughart II
Stiflers of innovation, patent trolls use overbroad patents in accordance with dated know-how to threaten litigation and produce infringement fits opposed to inventors. Trolls, sometimes called nonpracticing entities (NPEs), mostly don't produce service or product yet are within the company of litigation. They lie in look ahead to somebody to create a strategy or product that has a few dating to the patent held by way of the troll, after which they pounce with threats and complaints. the price to the economic climate is striking. In Patent Trolls: Predatory Litigation and the Smothering of Innovation, William J. Watkins, Jr., calls cognizance to this challenge and the demanding situations it poses to preserving a powerful price of technological development. After describing fresh traits and efforts to “tame the trolls,” Watkins makes a speciality of floor 0 in patent litigation—the jap District of Texas, the place a mix of things makes this the lawsuit venue of selection for strategically minded patent trolls. He additionally examines a extra primary challenge: an superseded patent procedure that's totally ailing fitted to the trendy financial system. eventually, he examines proposals for reforming the U.S. patent approach, which was once created to spur innovation yet this day is having the other impact. If criminal reformers heed the analyses and suggestions offered during this ebook, the clients for crafting a felony setting that promotes innovation are favorable.
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