Search results
Results from the WOW.Com Content Network
Patent monetization refers to the generation of revenue or the attempt to generate revenue by a person or company by selling or licensing the patents it owns. Some of these owners try to make money from patents on inventions they develop, manufacture or market.
In 1952, Congress added provisions to the Patent Act explicitly exempting from patent misuse merely charging royalties, licensing, and suing to enforce patents against contributory infringement. These provisions are in 35 U.S.C. § 271(d).
Reasonableness is determined by the standard practices of the particular industry most relevant to the invention, as well as any other relevant or similar royalty history of the patentee. Lost profits are determined by a "but for" analysis (e.g. "My client would have made X dollars in profit but for the infringement of the client's patent.")
The Federal Trade Commission is mailing more than 17,000 checks to amateur inventors swindled by an official-sounding group of promoters that promised to evaluate their ideas and help them strike ...
For premium support please call: 800-290-4726 more ways to reach us
The majority of these cases are filed by the companies that created the patented invention. But a growing share of the lawsuits [6] is coming from non-practicing entities (NPEs) – also called patent trolls – which acquire patents for the sole purpose of licensing and asserting their patent rights. In fact, NPE litigation grew from 2.6 ...
A patent for a claimed invention may not be obtained, notwithstanding that the claimed invention is not identically disclosed as set forth in section 102, if the differences between the claimed invention and the prior art are such that the claimed invention as a whole would have been obvious before the effective filing date of the claimed ...
Shop right, in United States patent law, is an implied license under which a firm may use a patented invention, invented by an employee who was working within the scope of their employment, using the firms' equipment, or inventing at the firms' expense.