What Can You Do With $5.5 Million?

This week President Obama addressed job creation and spending in his State of the Union address. Although he did not directly address the broken patent system, his speech did support a few of the issues we have raised in terms of patent litigation stifling innovation and job creation.With that in mind, here’s some purely hypothetical…

Patent Reform is Crucial to Obama's Global Competition and Innovation Agenda

During last night’s State of the Union address, President Obama spoke of the need to maintain the nation’s competitive position in the world and to encourage innovation. While we wholeheartedly agree with the President’s focus on competition and innovation, unfortunately our outdated patent laws inhibit the innovation they’re supposed to promote – especially in the…

Patent Reform is Crucial to Obama’s Global Competition and Innovation Agenda

During last night’s State of the Union address, President Obama spoke of the need to maintain the nation’s competitive position in the world and to encourage innovation. While we wholeheartedly agree with the President’s focus on competition and innovation, unfortunately our outdated patent laws inhibit the innovation they’re supposed to promote – especially in the…

Patent Trolling for Dummies

A step-by-step guide to the business of ‘being infringed’: Apply for or acquire vaguely worded, broad patents in areas where the business community is already investing money. When applying, look for areas where there is little focus on documenting prior art (e.g., technology integration, software, business methods, web design). When acquiring, seek out failing businesses…