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Originally Posted by
addabox 
But this view doesn't allow for the general definition of "patent troll", which is someone who buys a patent with no intention of ever implementing it, entirely as a matter of seeking out alleged infringers and suing them.
The factory analogy doesn't work, in that case, since you would have to have a scenario where someone buys a widget factory that they have no intention of running as a factory, but in the hopes that someone will wander in and try to use is so they can sue them for trespassing.
Actually, the factory analogy works just fine. The analogy to what you're calling a 'patent troll' is someone who buys a factory with the intent to rent it out. They may have no intention of ever operating the factory themselves, but want to make money from renting it to someone who WILL produce widgets.
Perfectly legal in the case of both factories and patents.
Quote:
Originally Posted by
addabox 
But "patent troll", as I see the term typically used, doesn't have anything to do with what you're describing. They typically aren't "inventors" that are having their IP ripped off; they're holding companies that collect patents in order to sue. How does that help the small inventor?
It helps the small inventor by creating a market for their invention. The 'patent troll' presumably paid the small inventor for the technology via some mutually acceptable mechanism (or the 'patent troll' acquired it in a bankruptcy case which amounts to the same thing).
Without your patent trolls, the small inventor would be largely helpless. Let's say I invent an improvement for semiconductor manufacturing. I would not have the resources to take Intel on in a patent battle. And I may not feel that I have the negotiating skills to get a fair return from Intel.
A 'patent troll' buys the technology from me and then they take on the responsibility of obtaining licenses. Since it's a mutual agreement between the inventor and the 'patent troll', what gives you or anyone else the right to say that it's not legitimate and that someone should be able to freely infringe the patent?
Quote:
Originally Posted by
addabox 
And even if it's the small inventor that's suing, your'e claiming that if I come up with an idea and patent it, it's an entirely legitimate use of that patent to just sit back and see if anyone else does something similar, at which point I can make some money by suing them. This despite the fact that their "infringement" is almost certainly going to be inadvertent, since my idea has never seen the light of day via implementation. So you're in effect arguing that unrealized ideas should trump and in fact drive out actual real world applications. How is that good or useful?
It's useful for a small inventor to have a market for his invention and the opportunity to make money from his invention. Just as a builder may not want to be a landlord and therefore sells his building to a real estate investment firm, an inventor may not want to mess with the complexity of licensing or negotiating with big companies so they sell the patent to a technology investment company.
Again, there is absolutely nothing in the patent laws which requires an inventor to practice an invention for themselves, nor should there be for the reasons given above.
Quote:
Originally Posted by
addabox 
Patent trolls don't further the interests of inventors or innovation, they take implementations off the market and make of them entirely instruments of litigation. While legal, it doesn't strike me as particularly defensible, particularly not on terms you're citing.
You're completely confused. What you're calling a 'patent troll' is a middle man who creates a market for inventions. The inventor gives up some of his potential revenue in exchange for someone else taking on the risk that the invention will turn out to be worthless (most are) and the negotiations, legal battles, etc. For a small inventor, a modest amount of money may well be preferable to a potential larger amount of money later which requires a lot of effort. In any event, it is the owner of the invention's right to choose whether to practice it, license it themselves, or sell it.
By your logic, real estate investment firms should not be allowed to exist, either. After all, they don't build anything - they simply buy buildings that someone else has built. Only the builder should have the right to rent his buildings out. When you look at real estate, it's obvious how ridiculous your position is, but there's no logical difference when you apply it to intellectual property.