Intellectual property protection is crucial for software innovation. It encourages research and development that creates jobs in the US and around the world. That is why BSA is so pleased that USTR prioritized trade secret and patent protection in its Trade Policy Forum (TPF) discussions with India this week. TPF is an important bilateral dialogue to promote policies targeted at advancing trade between both countries. As such, it is encouraging that the impact of IP on digital trade and job creation was reflected on the agenda of yesterday’s meeting. BSA has been working with both the US and Indian government to help inform TPF discussions and provide the perspective of the software industry.
We appreciate that the US and India included a dialogue focused on the importance of protecting trade secrets. Trade secrets are a critical tool for the innovation economy because they enable software companies to protect their hard-earned research and development and thus, continue to foster innovation. BSA supported passage in the US of the Defend Trade Secrets Act (DTSA), and we are pleased that the importance of civil and criminal trade secret protection was discussed at the event. Other positive outcomes of the meeting include commitments to support liberalization in the IT services area and to promote the digital economy.
The United States Patent and Trade Office (PTO) just released their “Study and Report on the Implementation of the Leahy-Smith America Invents Act (AIA).” They deserve a round of applause for their hard work implementing this landmark piece of legislation. Signed into law in 2011, the AIA was the first major change to the Patent … Read More >>
Patent reform is top of mind on Capitol Hill this month as several Committees hold hearings to discuss the need for patent reform. BSA was honored to testify today at the Senate Committee on Small Business and Entrepreneurship. My testimony underscored the need for legislative action to curb abuses in the patent system. The Small … Read More >>
The global software industry – exemplified by the unparalleled success of American-born innovation – is changing the way we live. Software creates jobs. It sustains vibrant economies. And it enables us to do amazing things by connecting human ingenuity with technology to not only improve how we live our lives every day but also turn … Read More >>
Today, the House Judiciary Committee’s Subcommittee on Courts, Intellectual Property and the Internet held a hearing to examine recent Supreme Court cases in the patent arena. The hearing was carefully watched by opponents and supporters of the Innovation Act (HR 9), a bipartisan patent litigation reform bill introduced last week. BSA and its member companies … Read More >>