Posts Tagged: US Economy

Federal Trade Secret Legislation Would Strengthen U.S. Economy and Promote the Rule of Law

In a 2014 Heritage Foundation Legal Memorandum, I highlighted the growing problem of trade secret misappropriation faced by American business, and explained that an appropriately crafted federal law …
By Alden Abbott
11 months ago 6

As U.S. makes it harder for innovation, companies must diversify overseas to Europe, China

“At the end of the day innovation is important,” Jung explained before he lamented the fact that the United States “seems to be making it harder and …
By Gene Quinn
11 months ago 5

IV founder Edward Jung says US is losing its competitive edge in funding innovative startups

EDWARD JUNG: ''At the other end of that value chain you now have some of the most valuable companies in the entire world in places like China. …
By Gene Quinn
11 months ago 0

Protecting property rights in works of authorship spurs creative innovations

Today, copyright drives innovation in the creative industries and in other industries as well, providing tremendous economic benefits to our economy. The outputs of the creative industries …
By Sandra Aistars & Mark Schultz
11 months ago 0

Lincoln loved our patent system, Let’s not tear it down

Abraham Lincoln once called the patent system one of the three greatest advances in human history, along with the discovery of America and the printing press... The …
By Joseph Allen
11 months ago 11

Automation will cause worker displacement but will also create jobs

Google, now Alphabet Inc., is one of the world’s most valuable companies but employs only a tenth of the number of workers of past giants of …
By Steve Brachmann
12 months ago 1

Patents, Prosperity and Political Systems

Unfortunately, we are going through another period where many see the triumvirate of big government, big business and big labor guiding an economy stuck at a 2% growth …
By Joseph Allen
1 year ago 8

A false patent reform narrative – The Innovation Act is not about small businesses

you continually hear from Members of Congress, Staffers and those giant companies pushing for weaker patents that the goal of the bill is nothing more than to …
By Gene Quinn
1 year ago 13

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 …
By Bernard Knight
1 year ago 6

Patent policy is too important for subterfuge and academic folly

As the new academic year starts in earnest we can be sure that the all too familiar attacks on the patent system will reemerge, as they always …
By Gene Quinn
1 year ago 3

The path to prosperity requires sound patent policy, not more patent reform

Innovation is the lifeblood of a prosperous economy. Sound patent policy, which encourages the nexus between risk and ideas (especially for small entrepreneurs), makes invention profitable. The …

A Short History Lesson on Patent Policy

Starting before World War II and continuing throughout the 1950s, 60s and 70s, short sighted and now discredited government antitrust policies, coupled with judicial hostility toward patent …
By Robert Taylor
1 year ago 9

IP Protection Incentivizes Innovation and Creates Jobs: A Message Worth Repeating

I recently received an inquiry from an IPWatchDog reader, posing several questions about the links between intellectual property protections, innovation and job creation. (Thank you, Marcus!) The …

What if we don’t have sufficient intellectual property rights?

Fundamentally, patents facilitate access to VC financing, market entry and job creation. Without patents and an effective IP environment, the process stalls and, in some cases, firms …

Maximizing innovation requires a strong patent system

If a weak patent system were the answer you would expect countries that have a weak patent system, or no patent system at all, to have run …
By Gene Quinn
2 years ago 9