Posts Tagged: "patent sytem"

While the United States continues to do well overall, patent protection continues to be problematic. In 2017 the U.S. ranked 10th worldwide in terms of offering patent protection to innovators. This year, the U.S. fell out of the top 10, tumbling to a tie for 12th with Italy… With a decrease in the score relative to patent protection from 2017 to 2018, the United States joins a handful of other countries that are not thought of as being at all intellectual property friendly. Those countries having a weaker performance relative to patents in 2018 include the United States, Turkey, Saudi Arabia, Peru, Mexico, Indonesia, Columbia, Chile and Australia. See page 22 of the Chamber report.

If someone were there to speak for America that person would recognize the obvious. There is no historical evidence of any economy having a thriving innovation ecosystem without a solid, strong patent system. Similarly, one of the greatest threats faced by any business, particularly a start-up or small business, is the threat of frivolous litigation. But where is the honest broker to acknowledge truth? If there is one I don’t see it, and as one who has spent a career helping innovators of all stripes I find that rather odious. Someone, somewhere (and not, please oh please, not an academic) needs to come forward and speak to what the system needs to accomplish for the benefit of the population beyond those in the swamp.