Not all patents are created equal. While all issued patents carry the presumption of validity, the functional and legal legitimacy of most asserted patents is almost always called into question. When a patent is identified in an assertion letter, the first reaction of even the most experienced corporate IP counsel is usually to fight the alleged…
Read full postWarren Buffett once said, “Risk comes from not knowing what you’re doing.” He wasn’t talking about the dangers of portfolio manager inexperience; he was stressing the critical importance of information. For Buffet, the more you know, the more likely you are to make a reasonable, logical, low-risk decision.Conversely, without adequate information and market transparency it is impossible…
Read full postRobert C. Pozen recently assessed Congressional patent reform efforts in a New York Times op-ed piece. Mr. Pozen is a professor at Harvard as well as the chairman of MFS Investment Management, and in his piece he suggests some excellent changes in how patents are evaluated, issued and protected. His proposed reforms would indeed help “weed out low quality…
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