May 20, 2013
By Lee Cheng
Patent trolling, or the assertion of patents by entities and individuals who do not practice a patent, is actually very creative. However, trolling benefits very few, and exacts a tax on every person who uses intellectual property.
Despite claims that patent trolling helps “little guy” inventors and encourages innovation, I have never seen any evidence presented that original inventors get more than a micro-fraction, if anything, of the financial benefit from trolling litigation. The vast bulk of all patent trolling settlements go to lawyers and investors in patent troll entities. In fact, many patent troll...