China’s Patent-Lawsuit Profile Grows - WSJ:
China as a focal point of Intellectual Property, in the patent office and in the courts.
This law suit by WiLAN is interesting to see how the "assertion" of patents can move and shift.
Here's a little background on WiLAN from Wikipedia.
As you can see the company originally developed stuff so it would not be categorized as a Non-Practicing Entity (NPE), or Patent Troll in the ungracious term that is sometimes more appropriate for NPEs. WiLAN seems to be moving more steadily into the troll category.
Now with a war chest of some 3,000 patents+pendings, WiLAN is a strong international force.
In 2013 Daniel Fisher describes the Texas case where WiLAN had its core patents to the suit invalidated in "how to bag a patent troll". The stock (on the Toronto exchange) fell 33% to $3.25. In 2014, Apple won again in California.
Apple has won several law suits against WiLAN including a 2016 verdict. Look at the 6mo & 10yr stock chart on Yahoo, where it dropped from $3.40 to $2.30 in a few days at the end of July 2016. It now trades at $1.80.
The Investor profile is not so good, even with the Samsung licensing deal last year.
WiLAN continues to build its patent portfolio.
One of the things that a Patent Troll never wants to do, is actually go to court. Patents can be invalidated, remedies can be diminished, and the golden goose can give up the ghost.
Gotta love the trading symbol that starts with WIN (WIN.to).
There are several things that WiLAN could do to make it a much more legitimate player, and less of a troll. But those involve capital investments in R&D to invent, manufacturing to produce, sales and marketing to sell. That's a different business model. As long as investors are happy with investing in trolls, the trolls will rein supreme within their little serfdom of bridges.
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This is general Intellectual Property (Patent) Magazine. .... MOVED ... www.IntellZine.com The focus of this blog is on IP, innovation and especially on patent commercialization.
Showing posts with label broken patent system. Show all posts
Showing posts with label broken patent system. Show all posts
Tuesday, November 8, 2016
Friday, May 13, 2016
A closer look at the PTAB’s new post-issuance review procedures - Intellectual Asset Management (IAM) - Maximising IP Value for Business
A closer look at the PTAB’s new post-issuance review procedures - Intellectual Asset Management (IAM) - Maximising IP Value for Business:
Once a patent has been issued, there are Big, BIG changes as to the review process.
Here is the most comprehensive take on these changes you will find anywhere.
It is rather readable. It is rather detailed. And it is a critical-to-know follow on to anyone involved in the patent pipeline.
Now the question, you want answered, does this new (additional) process help to mend a broken patent system?
See what you think?
'via Blog this'
Once a patent has been issued, there are Big, BIG changes as to the review process.
Here is the most comprehensive take on these changes you will find anywhere.
It is rather readable. It is rather detailed. And it is a critical-to-know follow on to anyone involved in the patent pipeline.
Now the question, you want answered, does this new (additional) process help to mend a broken patent system?
See what you think?
'via Blog this'
Tuesday, January 26, 2016
Busted, or not busted, our patent system
One of the most revered, trusted and enduring of America's industrial and technological advantages is our patent system. Except that, it isn't anymore. Patents are included in the US Constitution, proof positive that the Foundering Fathers considered them critically important to the future of the country. That was then, this is now and you'll understand when you go to www.wired.com/2015/01/fixing-broken-patent-system. It was written by Jay Walker,the founder of Priceline in the late 1990s.
Here is an insightful chronology of how much the patent system benefited the country up until the last several decades. The system is now too cumbersome and costly such that 95% (Walker's data) of inventions are not available to small and medium size businesses. Only the mega corporations have the human, financial and technological resources to fully utilize the system. A study is cited stating that liberating the patent system from litigation-based costs and risks would create $200B/yr in increased economic output.
Although Hall & Hinkelman (2015) in the Patent Primer 3.0 boast of Intellectual Property, mainly patents, as one of "the great equalizers of our lifetime", not all companies who use patents are equally able to capitalize on them.
References
Here is an insightful chronology of how much the patent system benefited the country up until the last several decades. The system is now too cumbersome and costly such that 95% (Walker's data) of inventions are not available to small and medium size businesses. Only the mega corporations have the human, financial and technological resources to fully utilize the system. A study is cited stating that liberating the patent system from litigation-based costs and risks would create $200B/yr in increased economic output.
Although Hall & Hinkelman (2015) in the Patent Primer 3.0 boast of Intellectual Property, mainly patents, as one of "the great equalizers of our lifetime", not all companies who use patents are equally able to capitalize on them.
References
Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Patent primer 3.0:
Patents, the great equalizer of our time! An overview of intellectual property
for inventors and entrepreneurs.
Morrisville, NC: LuLu Press. ISBN: 978-1-329-17833-5 Retrieved from: http://www.lulu.com/spotlight/SBPlan
Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Patent primer 3.0e:
Patents, the great equalizer of our time! An overview of intellectual property
with patenting cost estimates for inventors and entrepreneurs. [Amazon Kindle eBook]. ASIN: B010ISU7ZG
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