Patent Wars

CEO PATENT WARS : atent conflicts are discouraging innovation like P never beforę. According to research from Boston University, these cases have caused .com innovators to lose $500 billion in wealth from 1990 BROUGHT TO YOU BY to 2010, and continue to plague a diverse set of THE HIGH COST industries. What is being donę to end these patent wars? Join us on the front lines as we explorę the DOMO OF I.P. LAWSUITS ins and outs of these intellectual property battles. THE PRICE OF WHETHER FILING OR DEFENDING A PATENT LAWSUIT, THE FEES ADD UP FAST, DEPENDING ON THE WORTH OF THE PATENT. HERE ARE THE MEDIAN LITIGATION FEES FOR THESE LAWSUITS: A PATENT WAR $5 MILLION 5 MILLION That doesn't account for losses on the part of the losing defendant. In total, the average lost patent lawsuit costs $122 MILLION 4 MILLION for the defendant, These fees can be devastating to $2.5 MILLION 3 MILLION small and mid-size businesses that don't have the resources of their larger contemporaries. 2 MILLION $650,000 1 MILLION LESS THAN $1 MILLION AT RISK $1 MILLION TO $25 MILLION AT RISK MORE THAN $25 MILLION AT RISK BROUGHT TO YOU BY ATTACK OF THE PATENT TROLLS NON-PRACTICING ENTITIES (NPES) ARE LEGAL ENTITIES THAT HOLD PATENTS BUT DO NOT PURSUE DEVELOPMENT. NPES ARE MAJOR VILLAINS IN THE PATENT WARS, REPRESENTING MORE THAN ONE-THIRD OF SOFTWARE PATENT CASES: SOFTWARE PATENT CASES PRACTICING ENTITIES 59% 41% NON-PRACTICING ENTITIES ALL PATENT CASES PRACTICING ENTITIES 83% 17% NON-PRACTICING ENTITIES ACCORDING TO THE FTC, CLOSE TO MANY OF THE TECH LAWSUITS IN PROGRESS BATTLE ON THE 2,700 PATENT MOBILE FRONT ARE TAKING PLACE IN THE MOBILE ARENA. LAWSUITS ARE FILED IN RECENT YEARS, LITIGATION OVER MOBILE PATENTS HAS SKYROCKETED: EVERY YEAR. MOBILE HANDSET PATENT CASE FILINGS 84 90 69 70 60 48 50 25 30 10 2006 2007 2008 2009 2010 DOMO BROUGHT TO YOU BY APPLE VS. ANDROID OF ALL THE RECENT MOBILE PATENT WARS, NONE IS MORE INFAMOUS THAN THE APPLE/ANDROID BATTLE. BEFORE HIS DEATH, STEVE JOBS VOWED MORE THAN 50 PATENT-RELATED TO BRING ANDROID DOWN, ASSERTING: "I will spend my last dying breath if I need to, and I will spend every penny of Apple's $40 billion in the bank, to right this wrong. I'm going to destroy Ăndroid, because it's a stolen product." LAWSUITS HAVE BEEN FILED IN 10 COUNTRIES BETWEEN APPLE AND SAMSUNG VS.j SINCE HIS PASSING, SUCCESSOR TIM COOK ATTEMPTED PEACE TALKS WITH SAMSUNG BUT FAILED TO REACH A RESOLUTION OUTSIDE OF COURT. ENDING THE PATENT MADNESS WITH SO MANY PATENT CASES CLOGGING AMERICAN COURTROOMS, MANY BUSINESS AND LEGAL PUNDITS ARE SCRAMBLING TO FINDA SOLUTION. AMERICA INVENTS ACT OF 2011 DECLARING NEUTRALITY в The AIA will move the patent system from a first-to-invent to a first At least one company, Twitter, is moving to end the patent wars by pledging to not pursue offensive patent lawsuits. inventor-to-file system on March 16, 2013. This new system grants the patent for an invention to the first person who files a patent application, regardless of the actual date of invention. WHILE THESE ARE CERTAINLY STEPS IN THE RIGHT DIRECTION, NONE HAVE PUT A DEFINITIVE END TO THE PATENT WAR PROBLEM. BIG COMPANIES CONTINUE TO USE PATENT LITIGATION TO THWART THEIR SMALLER, MORE INNOVATIVE COMPETITION. IN THE WORDS OF BILLIONAIRE CEO MARK CUBAN: "Thousands and thousands of companies are being sued or threatened with lawsuits over patents. It is by far the biggest risk that medium sized businesses and corporate America faces today. It is a fungus among us." BROUGHT TO YOU BY CEO DOMO SOURCES: .com BU.EDU | BESSEN-FORD-MEURER-NO-11-45REV.PDF NEWS.CNET.COM | FTC.GOv | WIRED.COM | LEXMACHINA.COM NUMBER OF CASES