Posts Tagged: "manufacturing"

Understory Earns U.S. Patents for Weather Sensing Technology

Understory’s first patent covers the sensor device itself which consists of a stainless steel sphere sitting on top of a shaft, a configuration which one of the sensor’s designer called “God’s joystick.” “The sensor detects microdeflections from rain or hail pushing on the joystick,” Kubicek said. Such measurements take place on the order of 50,000 times each second and algorithms processed at the device separates each microdeflection into a data point which can be sent to a cloud-based network of weather data… One has to wonder though whether the Federal Circuit and Supreme Court, when they might get their hands on these patents, will find them to be directed to nothing more than an abstract idea. After all, sensing the weather has been done since at least the dawn of recorded history.

Made in China 2025 Initiative at Center of Growing IP Tensions Between United States and China

A high ranking Chinese official has announced that the Chinese government rejected a request from the United States to end its subsidization of industries identified by the Made in China 2025 initiative. These key industry sectors are areas where technological development is very important and as such, they’ve been at the center of allegations over the forced transfer of patented technologies to Chinese domestic firms as well as outright theft of trade secrets. The Chinese government has responded to concerns over the Made in China initiative with one senior economic official defending the program as open to foreign and private companies according to a report by Hong Kong’s English daily The Standard.

Trump Should Make American Manufacturing Great Again, and More Innovative Too

By outsourcing manufacturing to the lowest bidder abroad not only have we destroyed the working middle class in America, but also we are also increasingly turning over our last economic advantage – our intellectual property… While there is nothing wrong with negotiating better, smarter trade deals, what America really needs is smarter manufacturing policies. After all, what exactly are better, smarter negotiators going to do if the United States remains an inhospitable climate for business, with extraordinarily high tax rates, unreasonable environmental regulations and loopholes that only the richest corporations can take advantage of? How could we ever reclaim widespread manufacturing in the United States if the deck is stacked against the industry?

Smarter manufacturing policies, not tariffs or negotiators, is what America needs

The U.S. cannot win a trade war based on raising tariffs. Rather than engage in a trade war that the U.S. can’t win, why not embrace smarter manufacturing policies? when we outsource manufacturing we are handing over the follow-on innovation that will take place on the factory floor. Therefore, by outsourcing manufacturing to the lowest bidder abroad not only have we destroyed the working middle class in America, but we are also increasingly turning over our last economic advantage – our intellectual property. How long will the United States be able to remain one of the world’s leading economies if we continue to outsource that follow-on innovation that takes place through the manufacturing processes?

The Advantages of Enacting a Patent Box Regime

The exact terms of a patent box will vary depending on what the drafter is trying to promote. For example, the tax preference could require that the profits be derived only from a patent secured in that country or that the patented product be the result of domestic R&D. The Boustany-Neal draft legislation is called the “innovation box” and would impose an effective tax rate of 10% on all innovation box profits by creating a deduction equal to 71% of a corporate taxpayer’s innovation box profit.