Invention companies ?

Patent troll term was coined in early 90's for companies who used to file patent law suits very aggressively, In 2001 this was popularized by Peter Detkin then former assistant general counsel and later went on to become vice president in Intel, it was he who first used it to describe TechSearch and their lawyer, Raymond Niro, while he was with Intel in defending a patent suit against them. Earlier it was detkin who used the term "patent extortionist" to refer to the companies who were trying to mend millions by suing Intel.

Later Peter Detkin became founders of Intellectual Ventures in late 2002, this is quite ironic as intellectual venture is one of the largest patent troll in world and detkin had described the term “Patent troll” in derogatory way while he was associated with Intel.

At present intellectual venture has started its full fledged operations in Bangalore for quite some time and has appointed ex director of IIT Mumbai for its India operations.

The question is these companies investing on invention or rather filling their own pockets?