Patents that were not designed for litigation or licensing may still hold some potential for monetization if they have open continuations that can be built into bulletproof portfolios that will stand up in court.
Why it’s not easy to collect patent license fees and what it takes to be successful in patent licensing.
This episode is about non-practicing entities (NPE’s). Otherwise referred to as patent licensing companies, patent assertion entities (PAE’s) or patent holding companies, non-practicing entities are companies who’s sole activity is patent licensing. David Smith explains why they exist, what they do, how they make money and the pros and cons of working with them.
David Smith and attorney Tom Fasone explain how the International Trade Commission (ITC) is a federal agency tasked with protecting American domestic industries from foreign unfair competition connected to imports into the United States. This podcast explains how products infringing patents and other infringing products can be blocked by US Customs and Border Protection. It explains how cases at the ITC are on expedited schedules, and how ITC cases differ from cases brought before the US federal courts.
This episode explains why companies buy patents, what they’re looking for in a patent, what patents are most sellable, and what prices patents collect on the market. It guides patent holders through the process of selling a patent, and helps them navigate the legal minefields along the way.
How the small town of Marshall in Eastern Texas became the battlefield for patent lawsuits and how the T.C. Heartland case has shifted cases to courthouses in other states, like Delaware, that don’t want to hear them.
Understand the bizarre patent marketplace through looking at the numbers. For example, 98.5% of patents are never asserted. This translates to $60bn spent on patents that are never used. Podcast covers cost of prosecution, maintenance, litigation, inter-parte review (IPR) as well as statistics on fee shifting and other topics.
How large corporate interests have lobbied Washington, misled the American public and seriously damaged the US patent system at the expense of inventors and small startups.