American inventors are in danger.
Inventors rely on patents to protect their ideas—and their livelihood. But U.S. patent laws have been weakened in recent years, undermining intellectual property rights and discouraging inventors from pursuing their dreams. If inventors stop inventing, everyone loses. We lose out on world-changing ideas. We lose out on new jobs, higher wages, a stronger economy, and more.
Congress Should Strengthen Patent Rights
We support legislation to empower inventors and strengthen patent rights, such as the RESTORE Patent Rights Act and the PREVAIL Act. These bipartisan bills will restore the protections our inventors, start-ups, and research universities need to advance American innovation. Together, these bills will:
- Respect inventors’ intellectual property rights and stop predatory infringement.
- Restore inventors’ right to an injunction to stop theft of intellectual property protected by valid patents.
- Fix the Patent Trial and Appeals Board (PTAB) to stop it from being abused by infringing companies and make it more fair for inventors.
What is Predatory Infringement?
Inventions are Being Stolen
Large corporations (often Big Tech companies) are taking inventors’ ideas and innovations for their own, deliberately infringing on their patents—and getting away with it. We call them Patent Pirates, and they stifle American innovation and competition.
Unfortunately, recent harmful legislation, regulations, and court decisions have weakened U.S. patent rights, resulting in an uncertain and unfair playing field. These changes, promoted by Big Tech, have benefited corporate players and hurt small inventors.
The Power of Patents
Strong patent rights promote economic growth, technological competitiveness, and national security. This includes:
- Strong economy: IP-intensive industries account for more than 40% of U.S. economic activity.
- Higher incomes: Inventors tend to earn higher wages, with 63% of inventors in the top 10% of earners.
- Job creation: IP-intensive industries support 63 million jobs, or 44% of the workforce.
- Support small businesses: Startups obtain patents grow their sales by 80% compared to startups without patents and increase a startup’s likelihood of going public by 128%.
Take Action Now
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