If there was any doubt, a new report from the Commerce Department makes it abundantly clear that intellectual property is the secret sauce in the US economy, officially contributing roughly one-third of the country’s GDP and more than a quarter of its employment. If you are keeping score, that comes to $5 trillion and 40 … Read More >>
Tag: patents
Global Survey Finds Strong Support for IP Rights
Intellectual property rights — copyrights, patents and trademarks — provide the legal framework necessary for creative enterprise like commercial software development to flourish. But it is widely assumed that most people view IP rights as business and legal concepts with little relevance to their daily lives. That’s why the World Intellectual Property Organization and its … Read More >>
Focusing the Patent Debate on What Most Needs Fixing
A fair, balanced and effective patent system is indispensible in promoting investment in research and development, job creation, global competitiveness and economic growth — goals that lawmakers from across the ideological spectrum can support. Yet US patent law has not been comprehensively modernized in more than 50 years. Led by Senate Judiciary Committee Chairman Patrick … Read More >>