ABC: Patent trolls and patent-busters
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Started by: zoobabzoobab
Date: 21 Apr 2008 08:05
Number of posts: 1
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Not everyone fears "patent trolls". James McDonough of Emory University School of Law prefers to use the euphemism, "patent dealers in the ideas economy". He has argued that, contrary to popular belief, "patent trolls" actually benefit society: "Patent trolls provide liquidity, market clearing, and increased efficiency to the patent markets - the same benefits securities dealers supply capital markets." He maintains that "patent trolls" are a useful intermediary in the marketplace. Others question the very existence of "patent trolls", suggesting that they are little more than mythological creatures designed to frighten the executives of technology companies at night.
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