The Independent Institute

 
        

SCOTUS Slaps Patent Trolls »

In a unanimous decision (TC Heartland LLC v. Kraft Foods Group Brands LLC), the U.S. Supreme Court gave a kick in the rear to patent trolls. The Verge has this article on the case. Patent trolls obtain patents not for the purpose of producing an invention or a technology but to license and enforce the patents. In other...
Read More »

Patent Reform Is Not a Left Wing Thing »

Over at R Street, Zach Graves has a good piece up looking at the American Conservative Union’s opposition to patent reform pending in the Congress. He points out that the sponsors of the much maligned legislation are not looney leftists, but solid leaders on the Right. The American Conservative Union’s own scorecard ranks members sponsoring...
Read More »

Patent Trolls Still Alive and Kicking »

Over at Techdirt, there is a good story up on how a patent troll attacked a startup and the litigation costs so distressed the startup that it was forced to sell out to another patent troll. Peter Braxton created Jump Rope Inc., and developed an app that allows users to pay a fee to...
Read More »

Shifting from Quantity to Quality in Patent Applications »

VentureBeat has published a good piece on how “innovators are now moving away from creating untargeted, mass-produced innovations that aim only to secure as many patents as possible, and they’re moving toward precise innovation centered around specific product and market needs.” The American patent system has long been suffering the consequences of the issuance of...
Read More »

Patent Trolls Suffer Setback »

It is always good news to hear about a patent troll taking one on the chin. According to this article from the BBC, the U.S. Patent and Trademark Office (PTO) has invalidated parts of a patent claimed by Personal Audio. The patent at issue claimed all rights on “a system for disseminating media content representing...
Read More »

Republicans Split over Patent Reform »

The Washington Times has an interesting article on the division among Republicans on patent reform. According to the article: Two dozen prominent conservative political groups, led by the influential American Conservative Union, the Club for Growth and the Eagle Forum, sent a letter Wednesday to House Speaker John A. Boehner, Senate Majority Leader Mitch...
Read More »

New Study Links Patent Trolls to Decline in R&D Spending and Other Ills »

A new paper (“Patent Trolls: Evidence from Targeted Firms”) written by researchers from Harvard University and the University of Texas offers more evidence of the harm that patent trolls cause to the American economy. The data show that (1) trolls target companies flush with cash, (2) seek targets likely to settle rather than litigate, and (3)...
Read More »

Tech Companies Work to Tame Patent Trolls without Government Help »

In the wake of Congress failing to pass patent litigation reform this year, the private sector has gotten into gear and has taken matters into its own hands. Tech companies have formed LOTNet. This article from Motherboard sums up this new idea: As they say, if you can’t go through, go around. Enter the License...
Read More »

Patent Litigation Is No Laughing Matter... Or Is It? »

As pointed out in my forthcoming Independent Institute book, Patent Trolls: Predatory Litigation and the Smothering of Innovation, the American patent system is in need of an overhaul. This is no laughing matter, but Stephen Colbert, in the following, recent segment from “The Colbert Report” on Comedy Central takes Amazon to task for claiming...
Read More »

  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org