(Last Word) "Patent trolls"
A)block firms from acquiring patents on intellectual property.
B)buy up patents in order to collect royalties and sue other companies.
C)legally challenge new patent applications in an effort to extract rents.
D)promote innovation by keeping firms from having a stranglehold on intellectual property.

Question

Quizplus · Accepted Answer

Patent trolls are entities that buy up patents not to produce or innovate, but to collect royalties and sue other companies for infringement, often without intending to manufacture the patented product or service.

(Last Word) "Patent Trolls