As the summer comes to a close, the effort to push for educated and thoughtful patent reform begins to pick up once again. This week’s highlights include articles covering patent rights and grants, as well as a look into intellectual property and its effect on economic growth.
Key Policymakers Consider Strong Patent Rights Critical to the Success of the U.S. in the Global Economy
A strong patent system is the backbone of American competitiveness in the global economy. The U.S.’s intellectual property portfolio is estimated to be worth approximately $5.5 trillion, and royalties and license fees account for a trade surplus of around $80 billion.