{"id":13161,"date":"2017-03-30T04:21:43","date_gmt":"2017-03-30T04:21:43","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=13161"},"modified":"2026-04-07T17:17:46","modified_gmt":"2026-04-07T11:47:46","slug":"3-things-every-entrepreneur-must-know-patent-risk","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/3-things-every-entrepreneur-must-know-patent-risk\/","title":{"rendered":"3 Things Every Entrepreneur Must Know About Patent Risk"},"content":{"rendered":"<p>Intellectual property has become an increasingly important topic of late. There has been an increase in intellectual property rights. The world is placing more emphasis and importance on ideas rather than goods. The world has also become a smaller and more integrated place and that is why the companies aren\u2019t able to isolate themselves and must operate under the radar. Everything is sourced globally and your products can be found on one touch of your finger on the internet. If someone else has put a <strong><a href=\"https:\/\/www.legalraasta.com\/patent-registration\/\">patent<\/a><\/strong> on it, it will be discovered on time.<\/p>\n<p>One might think that only big companies have a risk of facing patent trolls but this is too far from the truth. The smaller companies are also the target of trolls professionally known as non-practicing entities (NPEs). This is the time when the technology based companies are finding themselves in <strong><a href=\"https:\/\/www.legalraasta.com\/patent-registration\/\">patent<\/a><\/strong> infringement cases. Over the last decade, the fortune 500 companies, as well as a venture, backed startups have at least once been accused of patent infringement. Over 60% percent of the companies have been impacted from patent infringement lawsuits. Many enterprises have not been equipped to respond and manage patent risk. If this sounds like your venture, these are the three things that you need to keep in mind about patent risk.<\/p>\n<ol>\n<li><strong><em>It is bigger and more expensive than you think it to be<\/em><\/strong><\/li>\n<\/ol>\n<p>There are more than 800 NPEs which are active. Their strategy is very simple. They acquire <a href=\"https:\/\/www.legalraasta.com\/patent-registration\/\"><strong>patent<\/strong><\/a>\u00a0directly from owners through <strong><a href=\"https:\/\/www.legalraasta.com\/patent-registration\/\">patent<\/a><\/strong> brokers. They identify the company infringing those patents and file a lawsuit to get paid.<\/p>\n<p>These NPEs suck up the money of the big companies and the budding companies making it hard for them. They spend a lot of money in legal costs and settlement payments.<\/p>\n<ol start=\"2\">\n<li><strong><em>Any company using technology is at risk<\/em><\/strong><\/li>\n<\/ol>\n<p>Any company that uses technology, let alone patents, is at risk. Due to an explosion in the technology industry, too many patents have been issued. They are often not clearly distinct from previously issued patents. Due to this, many tech-based products and services infringe dozens and hundreds of patents. You don\u2019t need to own a patent to be at risk of <strong><a href=\"https:\/\/www.legalraasta.com\/patent-registration\/\">patent<\/a><\/strong> infringement. You just have to be using technology for being at the risk of it. All you can do is be proactive. You can also consult your technology consultant about what can you do about it. Don\u2019t wait for D-day. Be ready beforehand.<\/p>\n<ol start=\"3\">\n<li><strong><em>It isn\u2019t a legal dispute. It is a business transaction<\/em><\/strong><\/li>\n<\/ol>\n<p>NPEs don\u2019t want to prove that you are doing something wrong but they are interested in being paid. All they need is your money. Patents are simply assets for them. They think that you are using their assets and want to be paid in return. Most of the cases are settled outside of court in such a situation. It would thus be better for companies to pay the settlement amount early and avoid the legal costs altogether.<\/p>\n<p>&nbsp;<\/p>\n<p>Talk to us about your queries related to <a href=\"https:\/\/www.legalraasta.com\/patent-registration\/\">Patent<\/a>, <a href=\"https:\/\/www.legalraasta.com\/patent-registration\/\">Patent Registration<\/a> and other <a href=\"https:\/\/www.legalraasta.com\/trademark-registration\/\">Intellectual property <\/a>questions at <a href=\"https:\/\/www.legalraasta.com\/\">LegalRaasta.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intellectual property has become an increasingly important topic of late. There has been an increase in intellectual property rights. The world is placing more emphasis and importance on ideas rather than goods. The world has also become a smaller and more integrated place and that is why the companies aren\u2019t able to isolate themselves and must [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":13162,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[415],"tags":[],"class_list":["post-13161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-patent"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>3 Things Every Entrepreneur Must Know About Patent Risk | LegalRaasta<\/title>\n<meta name=\"description\" content=\"There are more than 800 NPEs which are active. Their strategy is very simple. They acquire patent directly from owners through patent brokers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalraasta.com\/blog\/3-things-every-entrepreneur-must-know-patent-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Things Every Entrepreneur Must Know About Patent Risk | LegalRaasta\" \/>\n<meta property=\"og:description\" content=\"There are more than 800 NPEs which are active. Their strategy is very simple. They acquire patent directly from owners through patent brokers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalraasta.com\/blog\/3-things-every-entrepreneur-must-know-patent-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalRaasta Knowledge portal\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-30T04:21:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-07T11:47:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2017\/03\/3-Things-Every-Entrepreneur-Must-Know-About-Patent-Risk.png\" \/>\n\t<meta property=\"og:image:width\" content=\"767\" \/>\n\t<meta property=\"og:image:height\" content=\"388\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Author: LegalRaasta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author: LegalRaasta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/\"},\"author\":{\"name\":\"Author: LegalRaasta\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#\\\/schema\\\/person\\\/8fffceba7148ae1120f0bd4bf73b0c62\"},\"headline\":\"3 Things Every Entrepreneur Must Know About Patent Risk\",\"datePublished\":\"2017-03-30T04:21:43+00:00\",\"dateModified\":\"2026-04-07T11:47:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/\"},\"wordCount\":525,\"image\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/03\\\/3-Things-Every-Entrepreneur-Must-Know-About-Patent-Risk.png\",\"articleSection\":[\"Patent\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/\",\"name\":\"3 Things Every Entrepreneur Must Know About Patent Risk | LegalRaasta\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/3-things-every-entrepreneur-must-know-patent-risk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/03\\\/3-Things-Every-Entrepreneur-Must-Know-About-Patent-Risk.png\",\"datePublished\":\"2017-03-30T04:21:43+00:00\",\"dateModified\":\"2026-04-07T11:47:46+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#\\\/schema\\\/person\\\/8fffceba7148ae1120f0bd4bf73b0c62\"},\"description\":\"There are more than 800 NPEs which are active. 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