‘http://scholarship.law.cornell.edu/cgi/viewcontent.cgi?article=4696&context=clr
from page 815: ‘Indeed, “patent trolls,” or (more courteously) “patent assertion entities,” i.e., businesses that accumulate patents in order to extract royalties, settlements, or verdicts rather than developing products…’
We believe there are multiple if not many problems with these phrases and their definitions. First, even if there was anything wrong with only licensing and not commercializing, the problem is all these changes in patent law affect ALL patentees, not just those who prefer to only license. Second, not every inventor has the capital to commercialize or has the means to do so as without a court ordered injunction which is rarely available to us now thanks to the SCOTUS eBay decision we have no fair chance to commercialize against our large multinational competitors who are free to use our inventions and have all the cash they will ever need to grind us into dust. This is despite the Constitution acknowledging and declaring that inventors have ‘exclusive rights’. Pardon our candor SCOTUS, but hell fire…what were you thinking!? You have done us irreparable harm. You have taken our inventions from so many of us, ruining us and our families.
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’.
Just because they call it ‘reform’ doesn’t mean it is. Don’t believe the lies of thieves.
For our position and the changes we advocate (the rest of the truth) to truly reform the patent system, or to join our effort, please visit us at https://aminventorsforjustice.wordpress.com
or, contact us at aifj@mail.com
American Inventors for Justice 