Mass Aggregators

Patent Prospector:
“The patent world is quietly
undergoing a change of seismic
proportions. In a few short years, a handful of entities have amassed
vast treasuries of patents on an unprecedented scale… Mass
aggregators do not engage in the manufacturing of products, nor do they
conduct much research.” As capitalism acts as a virluent weed of greed,
the patent world has become infested with investment in invention, with
the sole purpose of extortion. A new paper by Tom Ewing & Robin
Feldman: “The
Giants Among Us…
,” details the shadowy domains of patent aggregators.
The paper covers Intellectual Ventures, a decade-old firm “shrouded
in secrecy”; Acacia Research, whose only real research is deciding
which patents to pick up and assert; a mystery from the Orient,
Transpacific IP; RPX, which follows an insurance model, though bringing
the fire with them; and Round Rock Research, a hand-in-glove deal
between Micro Technology and ace patent litigator John Desmarais.
The treatise then covers “the forgotten inventor,” forgotten because
the patent system “is far from perfect.” Though the authors have no
insight why, inventors cannot successfully license or assert patents,
and so
must turn to aggregators to have any hope of collecting coin for their
patents.
Considering a broken patent monetization system, how about
considering mass aggregators as value-adding middlemen? “The problem
with the notion of mass aggregators as middle men connecting innovators
with production capital and capacity, is that for the most part, they
do not seem operate that way.” The paper then contradicts itself with:
“Large
patent pools with vast capital resources can deal with trolls by
sopping up their potential patent inventory when it appears on the
market.”
The authors then show their hand: “Trolls, by definition, are
non-practicing entities.” Inventors
and universities, you inventive scum. These problem simply wouldn’t
exist