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Problem

Patent Trolls Are Stifling Innovation

1,469 Views / Posted by Aaron Greenspan

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Fortunately, I've never been the victim of a patent troll, but it's clear that they are a serious problem with a disproportionate impact on the economy.
Supporters: Aaron Greenspan, Jim Parrish, Jon Mueller
Opponents: None
Section

Laws and Regulations, United States Code
35 U.S.C. § 101: Title 35, Part II, Chapter 10, Section 101

§101. Inventions patentable

Whoever invents or discovers any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof, may obtain a patent therefor, subject to the conditions and requirements of this title.

Source

(July 19, 1952, ch. 950, 66 Stat. 797.)

Historical and Revision Notes

Based on Title 35, U.S.C., 1946 ed., §31 (R.S. 4886, amended (1) Mar. 3, 1897, ch. 391, §1, 29 Stat. 692, (2) May 23, 1930, ch. 312, §1, 46 Stat. 376, (3) Aug. 5, 1939, ch. 450, §1, 53 Stat. 1212). The corresponding section of existing statute is split into two sections, section 101 relating to the subject matter for which patents may be obtained, and section 102 defining statutory novelty and stating other conditions for patentability. Section 101 follows the wording of the existing statute as to the subject matter for patents, except that reference to plant patents has been omitted for incorporation in section 301 and the word “art” has been replaced by “process”, which is defined in section 100. The word “art” in the corresponding section of the existing statute has a different meaning than the same word as used in other places in the statute; it has been interpreted by the courts as being practically synonymous with process or method. “Process” has been used as its meaning is more readily grasped than “art” as interpreted, and the definition in section 100(b) makes it clear that “process or method” is meant. The remainder of the definition clarifies the status of processes or methods which involve merely the new use of a known process, machine, manufacture, composition of matter, or material; they are processes or methods under the statute and may be patented provided the conditions for patentability are satisfied.

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Solution Tie Patent Validity To Use In Commerce
Trademark owners lose their rights when they stop using their trademarks for a prolonged period of time. Why should patents be any different? There is something to be said for the conventional time-limited monopoly, but there are so many abuses of the system now it may be worth limiting that time further if one can prove that the patent holder has no intent to ever actual produce a product based upon the patent's claims.
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