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Paul Terhorst, author of Restoring the American Dream and graduate of Stanford Business School, states: In business school we used to say, 'The best patent

Paul Terhorst, author of Restoring the American Dream and graduate of Stanford Business School, states: "In business school we used to say, 'The best patent protection you can have is 80% of the market.' Monopoly power comes from market acceptance, not from a patent, a prettier product, a slick advertising campaign, or anything else. So rather than spend your time in court, you should be out there drumming up business." Do you agree? How important is defending patent rights?

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