Yesterday, the Supreme Court released its final patent opinion of the term, Alice v. CLS Bank. This case should help clarify the patent eligibility of software, and improve patent quality, but we’re still going to need patent reform legislation to really fix the problems in the patent system that are exploited by patent trolls. As Matt Levy explained in CCIA’s press release: “This is an important tool in the fight against patent trolls, but it is not going to solve the problem.”
And last Friday, Matt elaborated more about the study CCIA released last week, which “found that PAEPatent Assertion Entity. A narrower term for trolls that focuses on the core business model rather than whether the entity is actually making use of the patented technology ("working the patent"). litigation has a strong negative impact on venture capital investment and startups.”
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