“Something has happened to the incentives or the ability to be a high-growth firm in the high-tech sector”
Inventors can tell you exactly what has happened. The PTO now sits on our applications or large firms pay their way to cut in line in front of us and all our applications collect is dust. The other problem is our inability to enforce our patents in court as a result of changes over the last several years including 1) inability to obtain injunctions, 2) uncertainty of what is patentable, 3) PTO post grant reviews, 4) and a number of other changes in patent law that have made it harder, more expensive, and lengthy to get and enforce our patents.
The patent system now teeters on the brink of lawlessness. Call it what you will…patent hoarder, patent troll, non-practicing entity, shell company, etc. It all means one thing: “we’re using your invention and we’re not going to stop or pay”. It’s a pure red herring by large invention thieves and their paid puppets to kill any inventor support system. As Mark Twain said, ‘truth is not hard to kill, and (that) a lie well told is immortal’. Those who use the amorphous phrase ‘patent troll’ expose themselves as thieves, duped, or doped and perpetuate the lie.
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