We have written several times on this blog on the patent troll phenomenon, these entities trying to make money by owning widely applicable patents and attacking normal companies for wrongdoing (links below).
This excellent TED video gives an excellent explanation of the phenomenon and what you should do if it happens to you.
It also reminds a great lesson of what to do when you are taken hostage by someone. Concentrate on your objective and don’t let yourself be impressed.
Follow this link if you can’t see the video.
Previous posts on patent trolls:
- How patent litigation cost half a trillion dollar inefficiency in the last 20 years!
- Patent trolls and the end of conventional intellectual property
- How the fight against Patent Trolls continues: The White House in action!
Hat tip to Tim Berry for the link
