August 4, 2011
Lawsuits to collect royalties, prevent/delay competitive product launches, tie up resources of competitors otherwise invested elsewhere. Litigation is a fascinating business strategy! The other day, you may recall, Apple successfully closed a few select copy-cat stores in China.
By no means do I mean to imply that there is no justification for pursuing patent infringements legally. IP should be protected, however, in select industries including software, consumer electronics, telecommunications, the number of litigations seem to be escalating. True innovation in the space is clearly hard to come by and the window to benefit from the first-mover advantage and hold on to the differentiation is becoming smaller and smaller. But looking at this picture….