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So-called patent trolls may actually benefit inventors and the innovation economy, according to a Stanford intellectual property expert. Stephen Haber ( https://politicalscience.stanford.edu/people/stephen-haber ), a Stanford political science professor, suggests in new research that concerns about too much litigation involving patents is misguided.
A patent troll is a person or company that buys patents – without any intent to produce a product – and then enforces those patents against accused infringers in order to collect licensing fees. Some say the resulting litigation has driven up costs to innovators and consumers.
To the contrary, Haber said, his research with Stanford political science graduate student Seth Werfel shows that trolls – also known as patent assertion entities, or PAEs – play a useful intermediary role between individual inventors and large manufacturers.
http://scienceblog.com/77142/patent-trolls-serve-valuable-role-in-innovation-stanford-expert-says/
[Abstract]: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2552734
(Score: 3, Insightful) by VLM on Wednesday February 25 2015, @02:03PM
Some say the resulting litigation has driven up costs to innovators and consumers.
An example of bad wikipedia editing, loose in the wilderness. Thats a weasel word phrasing.
So a nice presentation of a false debate. Go ahead, try to explain the financials of the opposing argument, how not paying license fees and predatory lawsuit costs somehow increases costs, or how paying out money for IP instead of $0 somehow lowers the expense column of a ledger.
This would be a better rephrasing of the original quote:
Everyone knows the resulting litigation drives up costs to innovators and consumers.