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Archived updates for Tuesday, March 29, 2005

Are You a Patent Troll?

According to a March 21, 2005 article in Managing Intellectual Property, the speakers at a "Patent Trolls and Patent Property Rights" conference on March 14 agreed that some strategies labelled as "patent trolling" can have legitimate business purposes.

For example, Peter Detkin, who coined the term "patent troll" while at Intel (but now works for reputed troller Intellectual Ventures) now beleives that enforcing patents for technology that a company has itself not developed into a product is not trolling. Hewlett-Packard's vice-president of licensing, Joe Beyers, reportedly echoed those sentiments and suggested two defining criteria: 1) a company whose primary business model is to acquire patents and assert them against another company, and 2) a company that is only interested in money and not, for instance, cross-licensing. The worst patent trolls send out thousands of letters to companies, threatening lawsuits if they do not receive payment.

"In the end, we're all in violent agreement here," Detkin reportedly said at an Intellectual Property Owners Association conference on patent reform. "Patent quality is the real issue."

Click here for more patent Foolishness.
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3 Comments:

Blogger Ronald J Riley said...

IBM is the biggest and oldest "Troll". Microsoft is trying hard to be the same. Both of them are doing their best to make the invention business their and only their profit center.

of course, there really is nothing wrong with buying property and trying to find the right market for that property. That is the essence of our economic system. The "troll" argument is really nothing more then an attempt to shift public discussion from the fact that some companies steal other people's intellectual property. They crush inventors, and then while they congratulating themselves on that success and then find out that someone who can stand against up to their unethical conduct is going to adjust their attitudes over patent infringement, well that is when they get indigent and talk about so called "trolls". We all know that those predatory companies could have avoided the situation they find themselves in by licensing from the inventor in the first place.

Ronald J Riley, President
Professional Inventors Alliance
www.PIAUSA.org
RJR at PIAUSA.org
RJR Direct # (202) 318-1595

August 23, 2005 9:26 PM  
Anonymous Anonymous said...

Well put! I am a so-called troll and it is amazing to me the lengths these companies (and their lawyers, who support their efforts for fees) will go to avoid taking a required license.

It's an ugly game which requires you to keep an open mind when reading the pr machinery's junk.

September 01, 2005 11:56 AM  
Anonymous Anonymous said...

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April 07, 2009 5:04 AM  

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