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The patent market is illiquid, which means that assets cannot be sold or exchanged easily. In illiquid markets, specialized intermediaries, like patent assertion entities, can help match patent holders to patent buyers and transfer ideas and technology from inventors to manufacturers effectively. [https://www.whitehouse.gov/sites/default/files/docs/patent_report.pdf] This allows inventors to focus on innovation and benefit from the knowledge and connections that intermediaries have. [https://www.whitehouse.gov/sites/default/files/docs/patent_report.pdf] Patent assertion entities have the ability to incentivize innovation through the effective brokerage of patents. [https://www.whitehouse.gov/sites/default/files/docs/patent_report.pdf]
 
 
==Are Patent Trolls Really that Big of a Problem?==
*There's no doubt they that patent trolls exist. eDekka, widely considered one of the top patent trolls, sued 101 companies in 2015, 55% of which are considered small businesses under SBA regulations ('''Endnote: eDekka considered top patent troll by Unified, and the percentage is based on the 92 companies we could find information on and classify'''). Compare this to '''find data for another company that is definitely not a patent troll, perhaps Apple?'''. As of December 2015, eDekka had sued over 200 companies over the US Patent no. 6,266,674 "Random Access Information Retrieval Utilizing User-Defined Labels".  Patent trolls exist but their prevalence may have been exaggerated by the media.  Patent litigation is increasing, but only because of the uncertain nature of technological developments and how patent claims apply to that. Patent litigation surges are consistent with major shifts in technological developments
==Why Legislation Targeting Demand Letters is Bad==
==Recommendations on Curbing Patent Troll Activity==
*have courts be more consistent on their rulings (so not everyone goes to E.D. Texas)
*
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