Professor Lee Comments in the Capitol Journal on Patent Trolls
Professor Peter Lee recently commented in an article in the Capitol Journal on patent trolls. Patent trolls are entities that amass large patent portfolios but do not manufacture any products, relying on licensing fees and the threat of infringement suits to obtain income from other parties. In the article, Professor Lee discusses the difficulty of quantifying the impact of patent trolls on the economy as well as the challenge of identifying what kinds of patentees should be characterized as trolls.
"It really depends on the definition we use," Lee writes. "Are universities patent trolls? And what about large incumbent technology companies? They produce products, but many also have enormous patent portfolios that they use in a leveraged manner."
Professor Lee's scholarly work addresses the intersection of science and society, particularly exploring the patent system's impact on scientific and technological progress.