Patent Trolls: Predatory Litigation and the Smothering of Innovation

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Patent trolls use overbroad patents based on dated technology to threaten litigation and bring infringement suits against inventors. Trolls, also known as no practicing entities (NPEs), typically do not produce products or services but are in the business of litigation. Their cost to the economy is staggering. In Patent Trolls, William J. Watkins, Jr., calls attention to this problem and the challenges it poses to maintaining a robust rate of technological progress.