Posts Tagged: "Jay Kesan"

Patent reformers resort to misrepresentations in WSJ op-ed

It should be self-evident that not all patent owners are patent trolls, and when you acquire rights it is not an economic cost, yet these absurd propositions are at the foundation of the Bessen/Meurer “study” relied upon by Chambers and Ullman. Shame on anyone who uses the thoroughly discredited, agenda driven, biased conclusions of Bessen and Meurer. Shame on Congress if they are swayed by such snake oil and shiny objects. The Bessen/Meurer conclusions, seriously flawed as they are, shouldn’t be used to destroy the patent system and tilt patent laws toward infringers and away from innovators.

There is No Patent Bubble, Nor NPE Mana

To be sure, all of the concerns over the patent bubble are legitimate, and as always, rational debate is beneficial to the healthy development of patent market. The lack of disclosure leads to the scarcity of data, and what comes with the scarcity are the incompleteness and obscurity, all of which lead to misinterpretation of the data and information. More importantly, misinterpretation, in turn, can lead to mispricing and market inefficiency when the misinterpreted data is applied to value patents for transaction. But is no systematic evidence to prove that NPEs behave differently than other players in the patent licensing market and patent sales market.