Jerome H. Lemelson -- World Class Patent Troll -- Ruined Patenting Forever.
Jerome H. Lemelson taught us what a patent troll is. He gamed the system for a cool $650 million. He showed us how weak our patent system is. Here are some of his exploits.
- Method of Operation: Lemelson often didn't produce or commercialize his inventions. Instead, he used his patents to sue large corporations like Ford, Motorola, and Toyota, often long after the technology was adopted.
- "Submarine Patents": He was accused of manipulating the patent system by keeping applications pending in the U.S. Patent and Trademark Office for decades, allowing them to "surface" only after an industry had already adopted the technology.
- Proponents' View: While many in the industry viewed him as a troll, others recognized him as a prolific independent inventor who was defending his intellectual property against infringers, particularly in his early career with toy companies.
- Impact on Patent Law: His litigation tactics and the subsequent backlash played a key role in the development of the modern definition of "patent trolls" and led to legal challenges against his methods.
He did leave a charitable trust to bequeath all the money he sucked out of inventors -- but given his M.O. in Life -- I must wonder about the veracity of his charity.