Some Thoughts on Non-Practicing Patent Holders (aka “Trolls”) — by Brian Galvin

“One of the great things about market economies is that they allow for specialization. Given that people who can focus on what they are really good at tend to be happy, productive members of the body economic, specialization can be a very good thing. No one debates this.

But the issue of non-practicing patent-holding entities (NPEs) is seldom discussed in these terms, even though it should be. First, it is important to recognize that there are still people in the world (I am one of them) who would prefer to think hard and to creatively about hard problems (lots of them), and to come up with innovative solutions in detailed fashion, but who are not motivated to build new companies. What is such an inventor to do?” — Brian Galvin

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