Patent Pirates, Not Patent Trolls, Are Hurting Economy

Patent Pirates, Not Patent Trolls, Are Hurting Economy
AP Photo/Winston-Salem Journal, Lauren Carroll

For years, special interests have used the specter of the so-called “patent troll” in their never-ending attempt to vilify innovators and undermine the patent system. This campaign was done to advance the agenda of big companies who wanted to use patented technologies without paying for them. They (cleverly) created a false bogeyman to create policies that it easier to engage in outright patent theft or piracy.  

And, while those terms might sound over the top — attacking the backbone of our economy is worse. As an economy we need innovation and coming out of a pandemic and trying to stay ahead of emerging variants innovation is as important now as it has ever been.  

Do we promote innovation by increasing the barriers or lower them? 

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