Recent changes to the America Invents Act have created an opportunity for businesses to develop new patenting strategies that promote and enhance the value patents provide to the company. One area of value generation comes from extending the enforceable lifespan of a patent.
Patent pools—bundles of patents intended to facilitate cross-licensing and steer technology into the marketplace—have been touted as a way to cut litigation and transaction costs for businesses. A study released by a former Federal Trade Commission official challenges that assumption.
A federal judge, describing a massive fraud involving the enforcement of copyrights to pornography, has referred four lawyers to licensing authorities for possible misconduct and to federal prosecutors for possible RICO charges.
Robert Berman makes no bones about it: the company he runs, CopyTele Inc., is a patent monetization and patent assertion entity. In colloquial parlance, that means it's a "patent troll." And Berman is not apologetic about it.
These 20 law firms' cases often have billions at stake, and patents involving impressive advancements in science and technology, including groundbreaking pharmaceuticals; the contents of the food we put on our tables; and the ways we communicate with each other.
Theft of intellectual property causes many to think of media reports about patent lawsuits or pirated music and movies. But there is another form of IP theft that poses a threat to U.S. businesses while receiving fewer headlines: the rampant theft of information technology by overseas competitors.
Because of the great potential value of a company's intellectual property, there is value in identifying and protecting intellectual property as both an investment and a type of insurance policy.
Competition in the technological marketplace is fierce, with companies constantly attempting to gain competitive advantages. Companies are often left with the options of buying or licensing patent rights or run the risk of becoming obsolete.
U.S. Senator Charles Schumer (D-New York) will be introducing legislation next week that could stop many patent suits from proceeding in court.
With fingers crossed, U.S. District Judge Lucy Koh tells Apple and Samsung lawyers to retrace steps on damages testimony, though they'll have to do so without Apple's expert.
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