Patent privateer (original) (raw)
A patent privateer or intellectual property privateer is a party, typically a patent assertion entity, authorized by another party, often a technology corporation, to use intellectual property to attack other operating companies. Privateering provides a way for companies to assert intellectual property against their competitors with a significantly reduced risk of retaliation and as a means for altering their competitive landscape. The strategy began with a handful of large operating companies. In April 2013, a group of technology companies asked the U.S. Department of Justice and the Federal Trade Commission to investigate the privateering strategy as an impediment to competition.
| Property | Value |
|---|---|
| dbo:abstract | A patent privateer or intellectual property privateer is a party, typically a patent assertion entity, authorized by another party, often a technology corporation, to use intellectual property to attack other operating companies. Privateering provides a way for companies to assert intellectual property against their competitors with a significantly reduced risk of retaliation and as a means for altering their competitive landscape. The strategy began with a handful of large operating companies. In April 2013, a group of technology companies asked the U.S. Department of Justice and the Federal Trade Commission to investigate the privateering strategy as an impediment to competition. Intellectual property privateering most commonly occurs as outsourcing of corporate patent portfolios but can also be applied as one of a corporation's competitive tools and may involve high degrees of stealth. The benefit to the privateer arises in the form of direct financial compensation, either licensing royalties, litigation settlements, or damage awards. The benefits to the sponsors can range from financial gain from licensing to an improved competitive landscape that facilitates increased sales revenue. Intellectual property privateering has been formally defined as: the assertion of intellectual property rights by an entity (the privateer), typically in the form of a non-practicing entity (NPE), against a target company for the direct benefit of the privateer and the consequential benefit of a sponsor company, where the consequential benefits are significantly greater than the direct benefits." The strategy, in part, relies upon the lack of transparency of ownership and motivation permitted in the IP system. The strategy relates to indirect IP strategies in that the IPRs asserted are not owned by the sponsor, although they may have originated from the sponsor's R&D. (en) |
| dbo:wikiPageID | 41713056 (xsd:integer) |
| dbo:wikiPageLength | 19746 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1098428564 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Privateer dbr:Royalties dbr:Non-practicing_entity dbr:Patent_misuse dbr:BlackBerry dbr:Patents dbr:Research_and_development dbr:United_States_Department_of_Justice dbr:Intellectual_Asset_Management dbr:Intellectual_property dbr:Letter_of_marque dbr:U.S._Department_of_Justice dbc:Ethically_disputed_business_practices dbc:Patent_monetization_companies_of_the_United_States dbr:General_manager dbr:Google dbr:Mutually_assured_destruction dbr:Corporation dbr:Damages dbr:Hague_Conventions_of_1899_and_1907 dbr:Patent_assertion_entity dbr:Patent_portfolio dbr:Public_relations dbr:Stealth_mode dbr:Strategy dbr:Treasury dbr:War dbr:Earthlink dbr:Federal_Trade_Commission dbr:Francis_Drake dbr:Nokia dbr:Outsourcing dbc:Patent_law dbr:Paris_Declaration_Respecting_Maritime_Law dbr:High_tech dbr:Patent_troll dbr:Transparency_(market) dbr:Smartphone_wars dbr:Market_manipulation dbr:Red_Hat dbr:Sea_Dogs dbr:Settlement_(litigation) dbr:Competition_(companies) dbr:Strategist dbr:Tortious_interference dbr:Privateers dbr:Antitrust dbr:Blog_post dbr:Retaliation dbr:Adoption_rate dbr:Social_utility dbr:Competitor dbr:US_Federal_Trade_Commission |
| dbp:wikiPageUsesTemplate | dbt:Citation_needed dbt:Intellectual_property_activism dbt:Reflist dbt:Rp |
| dcterms:subject | dbc:Ethically_disputed_business_practices dbc:Patent_monetization_companies_of_the_United_States dbc:Patent_law |
| gold:hypernym | dbr:Party |
| rdf:type | yago:WikicatPatentMonetizationCompaniesOfTheUnitedStates yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity dbo:PoliticalParty yago:SocialGroup107950920 |
| rdfs:comment | A patent privateer or intellectual property privateer is a party, typically a patent assertion entity, authorized by another party, often a technology corporation, to use intellectual property to attack other operating companies. Privateering provides a way for companies to assert intellectual property against their competitors with a significantly reduced risk of retaliation and as a means for altering their competitive landscape. The strategy began with a handful of large operating companies. In April 2013, a group of technology companies asked the U.S. Department of Justice and the Federal Trade Commission to investigate the privateering strategy as an impediment to competition. (en) |
| rdfs:label | Patent privateer (en) |
| owl:sameAs | freebase:Patent privateer yago-res:Patent privateer wikidata:Patent privateer https://global.dbpedia.org/id/c5zg |
| prov:wasDerivedFrom | wikipedia-en:Patent_privateer?oldid=1098428564&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:Patent_privateer |
| is dbo:wikiPageRedirects of | dbr:Patent_Privateer |
| is dbo:wikiPageWikiLink of | dbr:Patent_monetization dbr:Privateering_(disambiguation) dbr:Patent_troll dbr:Outline_of_patents dbr:Patent_Privateer |
| is foaf:primaryTopic of | wikipedia-en:Patent_privateer |