Patent Trolling Is a Process of

question 115

Multiple Choice

Patent trolling is a process of

• A) looking for loopholes in patent protection and exploiting them.
• B) recording and registering of patents in foreign countries to protect the firm's IP.
• C) searching out patents that have expired and negotiating their replacements.
• D) legal research that uncovers obscure, deceased patent holders and liberates their inventions.

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Definitions:

Comparative Advantage

The capacity of a person or a collective to perform a specific economic function more effectively than another function.

Specialization

The practice of focusing resources on the production of particular goods or services for which a person or entity has a competitive advantage.

Comparative Advantage

The ability of an individual or country to produce a particular good at a lower opportunity cost than another.

Absolute Advantage

The ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.