Do NPE’s “Cost” Us $29 B? Intellectual Ventures Co-Founder Peter Detkin Sets The Record Straight

The BBC ran another article in a tired meme about evil patent owners supposedly “costing” billions per year.  Of course, the article doesn’t specify who supposedly bore this $29 B “cost” or how it was calculated, but instead cites a Boston University paper by Professors James Bessen and Michael Meurer.   According to the BBC article, “Intellectual Ventures, one of the highest-profile NPEs, was not available for comment.”  However, an IV spokeswoman told Gametime IP that she was surprised by the article and that the BBC had not, in fact, reached out to them for comment.