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Fostering and protecting innovation through patents is a core American value — it’s in our Constitution. Over the years, the U.S. has created the greatest system for innovation ever known. But, like all thriving systems, the patent system needs routine tending and improvement. This is exemplified by recent concerns about alleged patent system abuse by some patent assertion entities that do not innovate or provide any products or services, but simply acquire patents for the purpose of monetizing them. This is the first of a three-part series of articles discussing certain “patent reforms” recently raised to address these concerns.