The Increasing Incentive for Legacy Companies to Challenge Patents

The Increasing Incentive for Legacy Companies to Challenge Patents

Across all industries, the incentive for legacy companies to challenge patents, has increased. Why? Because it's proven to be a valuable tactic in slowing or stopping competitors - ultimately impeding innovation as these disruptive companies are forced to spend significant money defending themselves. The impact? According to @Harvard Business Review so-called patent trolls cost defendants an average of $29B per year. What would the benefit across industries be if new innovative technologies weren't being stopped by gamesmanship? #InnovationFriday

Learn more: https://hbr.org/2022/09/its-time-for-the-u-s-to-tackle-patent-trolls