In today's high tech industries, so-called "patent pools" or "patent holding entities" are becoming increasingly common. As these types of intellectual property rights (IPR) holders grow in both number and size, they have also begun developing and commercializing their patent collections, thereby growing in influence as well. Consequently, these intellectual property holdings have not only encouraged the rapid development of high-tech industries and other emerging technologies, but also become a subject IP professionals cannot ignore.
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