Hunt patent : “to Prevent “sharks” to enrich themselves at the expense of the community “

Forum. The ” wolf of Wall Street “, brilliantly played by Leonardo Di Caprio in the film of the same name by Martin Scorsese (2013), was in the 1980’s the symbol of the capitalist predator. But the “sharks of Silicon Valley” began to take in the imaginary american place of this “bad boy” of the business.

Researchers have estimated that $ 500 billion is the cost to u.s. businesses for these attacks by “raiders” between 1990 and 2010

Also informed that the financial sharks (sharks) are not interested yet not at the price ! They identify the inventors in financial difficulty and the high-tech SMES in a vulnerable state. They take control and put a hand on their patents. They watch as the large companies who are looking to get rid of their patent superfluous, and they buy without barguigner. Then they attack : they hang out in the justice of the firms they accuse of use, without paying license some of the patents that they have acquired.

They choose skillfully their targets : businesses that have a cash abundant, but of legal services anemic. They know how to find the courts that are the most favourable, with a predilection for the courts of east Texas… And they make a fortune. Researchers have estimated that $ 500 billion is the cost to u.s. businesses for these attacks by “raiders” between 1990 and 2010, with a sharp rise at the end of the period : more than $ 80 billion have been picked up by the sharks each year between 2007 and 2010.

Brake on innovation

The number of lawsuits in the field of intellectual property protection has been increased four-fold between 2010 and 2015, an increase attributed mainly to the action of these companies predatory that take advantage of the inventions to which they have contributed nothing and that the companies,…

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