Working patent is required in EU too, ideas cant be patented.Maybe in the US, but not necessarily in other jurisdictions (e.g. UK, Europe).
Working patent is required in EU too, ideas cant be patented.Maybe in the US, but not necessarily in other jurisdictions (e.g. UK, Europe).
Anyone is welcome here..So is that a vote for :not welcome"?
How do you tell the difference between a patent troll and somebody who honestly thinks they had a good patent?Patent trolls are also wrecking the industry. We were sued by a patent troll. The suit had no merit, but it cost us almost $100k in legal fees to defend ourselves. The troll was hoping for a quick settlement out of court.
A patent troll is someone who owns a patent (often purchased from someone else) who has never tried to promote the patent use or use it in a product of his own.How do you tell the difference between a patent troll and somebody who honestly thinks they had a good patent?
This is not true. The patent troll who sued us had a long list of other companies they were also suing who IMHO were obviously not infringing. Many companies don't have the money to defend themselves and will just settle, and that's what the troll hopes for. We didn't even go to court and it cost us $100k, many companies would see that coming and quickly settle for less knowing they cannot afford a protracted legal battle, even if they would "win" in the end.Remember: Patent trolls can't win in court unless the court finds that their patent is valid and was/is infringed. If they can't win, the are unlikely to spend money filing frivolous suits.
Some amendments to the America Invents Act (AIA) are slowing moving through congress with bi-partisan support and lots of support from manufacturers. First, the troll (IP owner but not a practicing entity of the IP) must pay for all court costs, and, second, the troll must disclose all technical details of what is being infringed at the time of filing in court. Historically, they would simply claim (infringement of patent XYZ), if the changes pass, the defendant is informed of details of the claimed infringement and a more informed decision can be made to settle or fight the case. Also, at time of filing and, the financial interests of the troll's organization and specific losses due to the claimed infringement will have to be reported.A patent troll is someone who owns a patent (often purchased from someone else) who has never tried to promote the patent use or use it in a product of his own.
The troll then searches for companies who he thinks might be using something close to the patent's intent and sues for extortion money, hoping that the company will pay rather than fight the suit.
Many people are welcome here; even you.We are not all engineers or engineering students.
Do you have a link?I heard the end of a news report and could not believe my ears!!!! Apparently, someone or some company is fighting to have patent laws changed in case we find a parallel universe, and if they have the same things as a patent holder in this universe has, then they would be able to claim rights over the other universe. I kid you not, this is seriously being proposed!!!!!!
It seems to be like applying for DNA patents, how the hell do these people think they can "own" such rights????
I think you nailed it............but what if our universe careened into a cosmic jelly roll that was being eaten by a patent troll in a universe that was 12.5 seconds left of south and then another. Get me!!
Now, what was this thread about???
Yes I did consider that, but of course the arrogance of the people in our universe would not!!!What if those in the parallel universe have already filed for patent rights in all known and yet to be known universes and sub sets of any universe in the event that they find us or we find them?
And to further aggravate things their universe is running a few tens of seconds ahead of ours and everyone else so thusly any and every patent we have is invalid being they have the time of filing in their favor? Does that make our entire universe nothing more than one of patent trolls then?
by Jake Hertz
by Jake Hertz
by Jake Hertz
by Jake Hertz