Jiaqing “Jack” Lu
Applied Economics Consulting Group, Inc.,

Shortly after the Nortel transaction and Google’s acquisition of Motorola Mobility in the summer of 2011, some industry observers quickly warned us that patent market was a bubble.1 The debate over the patent bubble has been going on since then.2 Some were saying that the patent bubble has already burst,3 some saying it’s about to,4 while still others keep hailing the booming patent market.5