Should anti-patent troll legislation be introduced in the Philippine patent system?

• Main Author: Espiritu, Ralph Deric S.
• Format: text
• Language: English
• Published: Animo Repository 2016
• Subjects: Patent assertion entities > Philippines; Patent practice > Philippines; Business Law, Public Responsibility, and Ethics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/2802
• Institution: De La Salle University

Patent trolls had come to the public of United States as a serious problem since the increase of frequency for patent lawsuits that private innovative firms are facing and that the magnitude of costs that the private sectors argue would cause a large impact against the countries over all development that is dependent on consistent innovation invested partly by the private sectors. As such, the researcher study consists of identifying the element that constitutes patent trolls as a threat to U.S. private inovation and compare whether the impact can severely deter Philippine development as well through impact against the private innovative firms of the country. The researcher introduces several difference in the Philippine and United States patent and legislation methods that will change the over all impact, patent trolls may contribute locally such as the means of paying legal fees and patentable subject matters as well as an analysis of the documented measured impact patent trolls provide in United States economic system and the comparison of a limited measurable comparison the researcher developed of patent trolls impact on the Philippine innovation system.