Voip Pal Com Inc (VPLM)

[drumming4life]

“Patent Troll” losses are nowhere near the cost of trade secret & patent theft. The quote below is a report published in 2014. The totals have only gone up since then. There’s also a link to a 2017 Government report that supports this claim. Enjoy!
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“The cost of trade secret theft is still difficult to assess because companies may not even be aware that their IP has been stolen, nor are firms incentivized to report their losses once discovered. As IP theft remains hard for firms to detect, much less obtain legal redress for, their incentives are to rely more on their own efforts to conceal trade secrets and less on patents that entail public disclosure.8 New estimates suggest that trade secret theft is between 1% and 3% of GDP, meaning that the cost to the $18 trillion U.S. economy is between $180 billion and $540 billion.”
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http://ipcommission.org/report/IP_Commission_Report_Update_2017.pdf