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I’m a Patent Assertion Entity, Not a Patent Troll, Thank You Very Much

As the US Patent and Trademark Office (USPTO) became more and more flooded with patent applications, what with the increase in emerging technologies, the dot.com bubble, the growth of Silicon Valleys, etc., to name but a few factors, they seemed to be unable to keep up with the glut of new patent applications and, many believe, their approval process became “approve them all, and let the courts sort them out.” Sort of the bureaucratic version of “kill them all and let God sort them out.” And to extend the analogy, a new St. Peter was born. Only, these entities were far from saints – in fact, they are trolls. Oh, excuse us – they are “Patent Assertion Entities”. Now, to be fair, there is a place for the legitimate Patent Assertion Entity (or “PAE”) – which is an organization whose business model is primarily the purchasing of patents and then the assertion of the rights attendant and pursuant to those patents. But many such outfits really do deserve the term “patent troll”.