The United States has lost its reputation as the global gold standard for IP and patent protection. In 2018, the U.S. fell to 12th place in the U.S. Chamber of Commerce’s international ranking of patent system strength, falling behind countries such as South Korea and Spain. The U.S.
Tuesday, June 19, 2018 - 06:33
For more than 230 years, American inventors have relied on the United States patent system to protect their intellectual property. That promise of protection has been an incentive and driving force behind the innovations that have made the U.S. the global economic powerhouse it is today.
Sunday, June 17, 2018 - 07:07
- Patents and VC funds are moving overseas
Did you know that patents often play an integral role in securing venture capital funding? In fact, a startup that holds a patent significantly increases its probability of securing VC funding1.
Wednesday, May 2, 2018 - 14:06
There’s a lot happening in the world of patents and intellectual property in the United States right now. Most recently, the House version of the STRONGER Patents Act was introduced, with a broad coalition of organizations voicing their support (read about that here); the USPTO inducted a new director, Andrei Iancu; a distinguished panel of IP experts discussed the current state and future of innovation in the U.S.
Thursday, April 12, 2018 - 18:36
If you’ve been following patent and IP news recently, you may have heard that Representatives Steve Stivers (R-OH) and Bill Foster (D-IL) introduced the STRONGER PATENTS Act in the House of Representatives last month. This is the House version of the bill that Senators Chris Coons (D-DE) and Tom Cotton (R-AR) introduced in the Senate in 2017.
Tuesday, January 23, 2018 - 16:15
Did you know that every two jobs in intellectual property-intensive industries support one other job elsewhere in the economy1? Plus, IP-intensive industries account for $6.6 trillion of the U.S. GDP1. Strong patent protections will help ensure that the American inventor continues to drive job creation and economic growth going forward.
Friday, November 24, 2017 - 05:00
Patents are crucial to the U.S. economy. That’s what Paul R. Michel, former chief judge of the U.S. Court of Appeals for the Federal Circuit, told members of the U.S House of Representatives’ Judiciary Committee. Both in-person and in supplemental testimony, Michel strongly urged Congress to strengthen the patent system in order to support the nation’s economy.
Tuesday, November 14, 2017 - 18:49
Financial Times global business columnist Rana Foroohar published an insightful and well-researched column in October that highlighted the importance of strong patent protections to the U.S. economy. She wrote: