For more than 200 years, patents have made our lives better and safer, created opportunity and jobs, and prosperity for our country.
You would think that everyone agrees this is a good thing. Our system is by no means perfect but it’s recognized as the best in the world. Patent legislation is extremely complex and must be addressed with caution, careful understanding of unintended consequences for all stakeholders, and with an eye toward protecting and preserving the system that has served our country well for hundreds of years.
Changes to our patent laws should be narrowly focused and crafted in such a way that they preserve the role of an independent judiciary and are not overly burdensome on stakeholders. Measures to address litigation abuse should be targeted at the abusive behavior and not reduce the value and enforceability of patents more broadly. We need to protect the rights of the American inventor.
We support a narrow focus
Improved patent quality
Preserving market-based valuations of patents
Targeted measures to discourage litigation
abuse by plaintiffs and defendants alike
Frivolous litigation can be reduced
through improving patent quality
Fully funding the U.S. Patent and Trademark Office (USPTO)
Allowing the USPTO to retain all of its user fees
Encouraging the USPTO to invest in additional human and other resources
Revising metrics for USPTO examiners’ compensation to encourage and reward
quality of examination, not quantity of applications reviewed
We encourage a balanced conversation with all key stakeholders that recognizes
the precious nature of our patent system, the intent of the Founders and the economic engine it represents.
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