Definition of patent Assignment

Supporting Proposed Rules on Disclosure of Real-Party-in-Interest  May 8, 2015 – 12:32 pm
USPTO Patent Assignment Text In the last five years, the patent market has undergone a change of seismic proportions. Patent rights are now regularly stripped from any underlying product and traded much like commodities in a largely unregulated market–the market for patent monetization. Regardless of what one thinks about the causes and implications of patent monetization, it is clear that this behavior is expanding at an explosive rate. In this rapidly shifting landscape, it will be critical for companies to be able to keep track, not only of simple ownership of patents, but also of actual control. With this new market for patent monetization, we currently have no way to accurately measure girth and no way to know what people are doing with the girth they have. This is why sunshine rules are so critical for grappling with the market and designing the rules that will ensure a competitive marketplace. Related posts:
  1. Landscape 2013: Who are the Players in the IP Marketplace? The latest statistics show that the cumulative value of U.S. intellectual property is approximately $5.8 trillion (or 48.4% of GDP), and each year over half a million patent applications are filed, over a quarter million patents are issued, over 4000 patent infringement suits are filed and IP verdicts total over $4.6 billion with a median patent damage award of approximately $4 million. Against this backdrop, I now present an updated taxonomy containing 19 IP-related business models. The business models are in addition to the “traditional” operating companies and their “traditional” IP law firms. Further, while not pretending to be all-inclusive, ...

Source: IPWatchdog.com | Patents & Patent Law

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If STUPID were a crime....

I'll allow the audience to form their own opinions.
Ignorance, can be cured thru education (omg,almost typoed), experience, and
even in some cases from critical self-examination.
Some people say that the definition of CRAZY is doing the
same thing over, and over, expecting different results?
I think that definition applies to stupid, too.
Definitions of stupid on the Web:
lacking or marked by lack of intellectual acuity
a person who is not very bright; "The economy, stupid!"
stupidity - a poor ability to understand or to profit from experience < -- this 1
stupidity - The property of being stupid; An act that is stupid; Obstinacy

Oh yes there is such a thing as a patent

Indeed, this is a very controversial issue right now, touching on the definition of intellectual property rights, indigenous people's rights, foreign relations between western industrial nations and the rest of the world, and international patent law itself.
If Harvard university can patent a mouse, why do you not believe there is such a thing as a food patent?
I do not just mean the...ompanies like Coca-Cola or Hersey's would have been out of business a hundred years ago if anyone could go to the patent office and get their secret formula.
Any more fallacies, misunderstandings, or bonehead assumptions you'd like me to clear up for you, Mr. PickleProduct

Ya got me

BUT,
The actus reus of theft is usually defined as an unauthorized taking, keeping or using of another's property which must be accompanied by a mens rea of dishonesty and/or the intent to permanently deprive the owner or the person with rightful possession of that property or its use.
In this case, it deprives the author of recgonition and/or compensation for the use of his product...ellectual Property Rights (TRIPs) requires that signatory countries establish criminal procedures and penalties in cases of "willful trademark counterfeiting or copyright piracy on a commercial scale".
So it is a CRIMINAL ACT, not just a civil matter. While it may not be THEFT under the absolute definition, it is depriving the author of his due, and not many courts would split those hairs.

Props to Intellectual Property  — E-Commerce Times
Let's estimate this using the most inclusive definition of intellectual property: patents, copyrights, trademarks, trade secrets, customer lists, business know-how, and other secret sauce. Relationship to Market Capitalization. An oft-cited statistic …

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Patent Assignment is Critical
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