It’s Time for the U.S. to Tackle Patent Trolls

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Abusive patent lawsuits are on the rise — forcing innovative, successful businesses to delay hiring new workers, raising wages, and developing new products.

found that the companies that settle with patent trolls, or lose to them in court, wind up reducing investments in research and development by an average of more than $160 million over the next two years. Massive amounts of money are being drained from the hardworking people who are driving our economy forward to instead line the pockets of wealthy investors who are offering no goods or services of their own.

Letting patent trolls slow down green-energy advancements would be a colossal mistake.Critics say that the problem of patent trolling is an invention of large corporations, and that cracking down on patent trolls will mean hurting “the little guy.

 

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