Charles Duan / Patent 'trolls' slow the pace of innovation - Press of Atlantic City: Commentary

Charles Duan / Patent 'trolls' slow the pace of innovation

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Posted: Tuesday, August 27, 2013 12:01 am

Patent trolls are a serious problem for large businesses and technology makers. They are companies that exist primarily to buy up patents and then collect money, in the form of licenses or lawsuit settlements, from alleged infringers of those patents. Trolls take advantage of a patent system with serious flaws, and their abuse of the system is creating, as a White House fact sheet recently put it, a "drain on the American economy."

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