Patents matter. But it’s not just the small-time inventor in the garage that feels the benefit of patent and IP ownership. Startups, small business, American workers, and the overall U.S. economy all benefit from a strong patent system. Here are 7 facts showing the power of patents and intellectual property: 1 Patents Increase Startups’ Employment … 7 Facts Showing the Power of Patents
2018 was a significant year in patent news. In this post, we share four key moments that you should know about. On June 19th, the United States celebrated the commemoration of its 10 millionth patent. The occasion was held at George Washington’s estate in Mt. Vernon, where a rebuilt version of Washington’s Patent 3X (the … The Year in Patent News: 2018 Recap
As mentioned in our last blog post, four pro-patent bills have been introduced recently in Congress to address the weakened state of our nation’s patent system. Below are several steps you can take to encourage Congress to take action on this critical issue and to support efforts to strengthen patent protections for American inventors. Send … 3 Ways You Can Support American Inventors
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. also fell out of the top 10 … 4 Patent Bills You Should Know About in 2018
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. On June 19th we’re celebrated the commemoration of the … Celebrating 10 Million United States Patents
1 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. Financial Times Global Business Columnist Rana Foroohar echoed that sentiment in a recent column, writing: “There … 4 Signs the U.S. Position as Global Innovation Leader is Under Threat
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 … 5 Twitter Profiles to Follow If You Care About IP Rights
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 … Growing Momentum for STRONGER Patents Act
IP is an Important Economic Driver for the U.S. Economy 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 … Why Patents Matter More Than Ever in 2018
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 … ICYMI: Former Chief Judge Paul Michel Gives Congress Nine Reasons Why Patents Matter