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Fear-Mongering About Foreign Patent Trolls

By Louis J. Foreman in Roll Call

As was highlighted at the recent nomination hearing for Michelle Lee as the next director of the U.S. Patent and Trademark Office it is important to take a look at the patent landscape and the talk of more legislative action on our patent system under discussion in Congress.

I have been in the invention business my entire adult life. I have 10 patents of my own and have started nine successful companies. And as the CEO of Edison Nation, I work with hundreds of aspiring inventors to bring their ideas to market. The success of my companies and of the independent inventors we work with is based on a strong patent system that protects our inventions and creates investment incentives for financial partners.