A patent holding company (PHC) exists to hold patents on behalf of one or more other companies but does not necessarily manufacture products or supply services based upon the patents held.
Patent holding companies may exist for tax reasons.[1] Patent holding companies may also operate patent pools in order to provide a single source for licensing a patented technology.[2] However, patent holding companies that aggressively seek to enforce patent rights through litigation or threats of litigation are referred to as patent assertion entities (PAEs) or, more pejoratively, patent trolls.[3][4]
On June 4, 2013, in the United States, the National Economic Council and Council of Economic Advisers released a report entitled Patent Assertion and U.S. Innovation that found significant harm to the economy from patent assertion entities and made recommendations to address them.[5]President Barack Obama also addressed the issue, criticizing companies that did not produce anything themselves and existed only to "leverage and hijack somebody else's idea and see if they can extort some money out of them".[6][7]
^"Response To Trustees Of Columbia University, Fujitsu Limited, General Instrument Corp., Lucent Technologies Inc., Matsushita Electric Industrial Co., Ltd., Mitsubishi Electric Corp., Philips Electronics N.V., Scientific-Atlanta, Inc., And Sony Corp., | ATR | Department of Justice". www.justice.gov. 25 June 2015. Retrieved 2017-01-04.
^Obama Plans to Take Action Against Patent-Holding Firms, By JARED A. FAVOLE And BRENT KENDALL, June 4 2013, The Wall Street Journal.
^AICPA Updates the Profession on Patent Holding Companies (PHCs) 2014-10-26 at the Wayback Machine, July 2, 2013, New Jersey Society of Certified Public Accountants
^Patent Assertion and U.S. Innovation 2013-09-23 at the Wayback Machine, Executive Office of the President, June 2013
^Obama cracks down on patent trolls, June 4 2013, by David Goldman, CNNMoney.com
^Obama Orders Regulators to Root Out ‘Patent Trolls’, June 4 2013, by Edward Wyatt, New York Times
August 23, 2023
patent, holding, company, patent, holding, company, exists, hold, patents, behalf, more, other, companies, does, necessarily, manufacture, products, supply, services, based, upon, patents, held, patent, holding, companies, exist, reasons, patent, holding, comp. A patent holding company PHC exists to hold patents on behalf of one or more other companies but does not necessarily manufacture products or supply services based upon the patents held Patent holding companies may exist for tax reasons 1 Patent holding companies may also operate patent pools in order to provide a single source for licensing a patented technology 2 However patent holding companies that aggressively seek to enforce patent rights through litigation or threats of litigation are referred to as patent assertion entities PAEs or more pejoratively patent trolls 3 4 Patent trolling EditMain article Patent troll On June 4 2013 in the United States the National Economic Council and Council of Economic Advisers released a report entitled Patent Assertion and U S Innovation that found significant harm to the economy from patent assertion entities and made recommendations to address them 5 President Barack Obama also addressed the issue criticizing companies that did not produce anything themselves and existed only to leverage and hijack somebody else s idea and see if they can extort some money out of them 6 7 See also EditPatent portfolio Patent thicketReferences Edit Patent transfer Response To Trustees Of Columbia University Fujitsu Limited General Instrument Corp Lucent Technologies Inc Matsushita Electric Industrial Co Ltd Mitsubishi Electric Corp Philips Electronics N V Scientific Atlanta Inc And Sony Corp ATR Department of Justice www justice gov 25 June 2015 Retrieved 2017 01 04 Obama Plans to Take Action Against Patent Holding Firms By JARED A FAVOLE And BRENT KENDALL June 4 2013 The Wall Street Journal AICPA Updates the Profession on Patent Holding Companies PHCs Archived 2014 10 26 at the Wayback Machine July 2 2013 New Jersey Society of Certified Public Accountants Patent Assertion and U S Innovation Archived 2013 09 23 at the Wayback Machine Executive Office of the President June 2013 Obama cracks down on patent trolls June 4 2013 by David Goldman CNNMoney com Obama Orders Regulators to Root Out Patent Trolls June 4 2013 by Edward Wyatt New York Times Retrieved from https en wikipedia org w index php title Patent holding company amp oldid 1146308948, wikipedia, wiki, book, books, library,
