The President is mistaken—at least when it comes to the patent system as it relates to software patents. These patents—and the patent system—aren't creating innovation, they are inhibiting it and, by extension, job creation.
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repeat patent plaintiffs — “those who sue eight or more times on the same patents…are responsible for a sizeable fraction of all patent lawsuits.” Indeed, 106 out of roughly 1 million patents (or .0001 percent) in force were responsible for more than 10 percent of all patent assertions. This isn’t based on the strengths of the patents; many of these are among the weakest and least defensible
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