Called the Partnership for American Innovation, the group warned that steps to stop the PAEs could also hurt truly innovative companies.
Companies signing on to the effort so far are Apple Inc., DuPont, Ford Motor Co., General Electric, IBM Corp, Microsoft Corp and Pfizer Inc.
In particular, the group would oppose efforts to make software or biotechnology unpatentable.
Google, Cisco and other supporters of efforts to curb frivolous patent litigation from PAEs, often termed "patent trolls," supported a bill that easily passed the U.S. House of Representatives in December.
Software patents are destructive and hinder innovation. Apple, Microsoft, and the other members are actively lobbying to limit innovation in the technology industry. This, in turn, will harm the American economy, and cost the American people tens of thousands of jobs.
It's easy to sound like a politician.
To view parent comment, click here.
To read all comments associated with this story, please click here.