A Patent Reality Check: Litigation Not a Viable Business Model for Most Patent Owners

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The ability of an intrepid inventor to strike it rich from a great idea seems to be embedded in the DNA of many Americans. In truth, however, getting rich merely from a patent is a rare occurrence–maybe not as low a probability as winning the lottery, but the odds are incredibly long that any person can make money from a patented idea alone. There are many reasons why the idea getting rich from patenting an idea is overstated, several of which I have discussed before on this blog. This posting will specifically address why patent litigation as a business model is a non-starter for making most inventors wealthy.

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Published In: Business Torts Updates, Intellectual Property Updates, Science, Computers & Technology Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jackie Hutter, IP Strategist, The Hutter Group LLC: IP Business Strategy | Attorney Advertising

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