Bloomberg Government: Innovation Nation

How important are intellectual property rights to the United States economy? Important enough that other nations seek to emulate the system that is considered the gold standard worldwide. Yet now, as David Kappos, former director of the United States Patent and Trademark Office shared on a recent panel, those same countries wonder why America seems focused on destroying this key economic driver.

I have been asked by Chinese innovators--why is America shredding their #patent system? --David Kappos #BGOVInnovate

— MichLancaster (@MichLancaster) November 20, 2014

On Thursday November 20th, Bloomberg Government and the Innovation Alliance hosted an event dedicated to issues surrounding patent protection and the impact proposed legislation would have on American businesses and innovation. Featuring an impressive panel of speakers who are helping to define the current state of IP rights, the event looked at what we’ve learned from the past and how future innovators can protect their IP. Here are some of the other key takeaways from the event as posted on Twitter:

I have been asked by Chinese innovators--why is America shredding their #patent system? --David Kappos #BGOVInnovate #PatentsMatter

— InnovationAlliance (@InnovationAlli) November 20, 2014

.@MasimoInnovates's Kiani to Congress: Don't destroy the patent system that has made us the envy of the world #BGOVInnovate

— Qualcomm_GA (@Qualcomm_GA) November 20, 2014

"We're steamrolling towards more legislation that's going to harm the innovators" - Greg Raleigh at #BGOVInnovate #FixPatents #PatentsMatter

— Save the Inventor (@SavetheInventor) November 20, 2014

Adding to #BGOVInnovate discussion: Patent litigation rates are dropping, in line with 200 years of American patent history.

— Patent Truth (@PatentTruth) November 20, 2014

Grainger: "Most #startups find #patents to be extremely helpful in the initial investment phase" #BGOVinnovate @BGOV

— Microsoft IPG (@MicrosoftIP) November 20, 2014

If you missed the live stream of the event, you can catch the replay in the three videos included below via Bloomberg Government.

HOT TOPICS IN PATENT LAW

DRIVING INVESTMENTS: THE ROLE OF PATENTS IN ECONOMIC GROWTH

ONE-ON-ONE: JOE KIANI AND BRAD STONE