We’re all trolls now: Patent ‘rat’s nest’ is worse than you think
gigaom.com
gigaom.com
As a patent lawyer, I'm not sure I'm aware of any patent lawyers making that kind of money [from a law firm, I mean].
If they are getting a percentage of settlement revenue instead of billing hourly I could see them making that much.
Edit: I apologize for putting the 'except patent lawyers' offices' but HN won't allow me to edit that comment... Sorry. I really would like an answer.
As for the downvoting, it wasn't me.
My impression is that the scenario where 'big tech company/patent troll' sues 'unprofitable start-up' out of existence is pretty rare.
But part of the point of being a little guy is that you have a chance to not always be a little guy, but with the patent cartel/racket around it becomes much harder to grow beyond being a little guy.
Example: I patent the way of moving my leg in front of my other leg when that other leg is my only limb supporting my weight in order to repeat this process to make a displacement of my body mass (AKA walking)
Or do you expect executives to regularly review potential patent applications to avoid those that are potentially "too good" for the business?
This seems to indicate that patents are written in a way guided by their adversarial purposes. This is broken.
The fact that the general practice is to make claims as broad (and therefore vague) as possible doesn't leave me with good feelings about the system. Neither does the weird legalese that the patents consist of.
If the patent holder is not manufacturing a product but is threatening to sue others based on the patent, it's trolling.
IV manufactures nothing. However, through shell corporations, they threaten to sue others. This motivates their targets to participate in the IV pools and IV takes a cut.
This idea of threatening enforcement where the patent holder has no intent to ever manufacture is not something new. But no one ever liked it when it happened. That's because it serves no apparent purpose in bringing products to the market.
What makes IV unique is that Myrvold used his own money to start IV and start acquiring patents from patent holders in bulk. This was no small investment. His idea is to make trolling a business. Instead of trying to fix a problem, he has opted to exacerbate it for his own profit. He is engaging in exactly the type of conduct companies like the one he worked for had to be in constant fear of: the small inventor who will never be successful in the marketplace but who has received some patents that she can, at her discretion, enforce against some large companies that are successful in the marketplace.
For an interesting approach to how patents might be used, consult the history of Hans Bessemer. He produced some of the most valuable intellectual property in America's history. He made Carnegie the world's wealthiest individual.
Also, note that Paul Allen, one of the wealthiest men on the planet, tried some pure patent trolling a number of years ago. Why? He failed miserably. But what drives someone to try this?
It's not the patent that reveals trolling. Rather, what indicates trolling are the actions of the person running the company that controls the patent.
Perhaps I am misunderstanding your question.
Ultimately I guess it's an issue that directly affects very few people, and indirectly hits the software consumer in the form of slightly(?) increased prices and less feature availability.
This is really not how it works.
904: http://www.uspto.gov/web/offices/pac/mpep/documents/0900_904... 904.02: http://www.uspto.gov/web/offices/pac/mpep/documents/0900_904...
The process examiners use for a specific patent is also documented by them in the file wrapper for every application and is available in PAIR: http://portal.uspto.gov/external/portal/pair