Global Council for the Promotion of International Trade

Global Council for the Promotion of International Trade

The High Cost of Frivolous Patent Suits: Stifling Innovation or Protecting Rights?

Santosh Ganesh's avatar
Santosh Ganesh
May 12, 2024
∙ Paid

The engine of progress hums on innovation, fueled by the tireless efforts of inventors and entrepreneurs. Yet, in the intricate world of intellectual property (IP), a shadow disrupts this forward march – the specter of frivolous patent lawsuits. Entities known as "patent trolls" – companies that acquire patents not to develop products but to sue others …

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