Posts Tagged: US Economy


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 8 months 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 …
By Dr. Kristina Lybecker 8 months ago 19

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 …
By Dr. Kristina Lybecker 11 months ago 12

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 11 months ago 9

IP Protection is Key to U.S. Job Creation

While all job creation is valuable to continued economic growth and development, high-skilled, well-paying jobs are the most impactful for sustained economic progress. Evidence suggests that intellectual …
By Dr. Kristina Lybecker 11 months ago 1

The Innovation Act Will Harm Income, Employment, and Economic Growth

The legal costs of the IP system should be measured against the value of intellectual capital in the U.S. economy, estimated in a study by Kevin …
By Daniel Spulber 12 months ago 12

Bayh-Dole Forecast: Sunny with 20% chance of Shark Attack

How tragic if the United States of America turns its patent system into a tool that rich and powerful companies use to suppress innovation that challenges their …
By Joseph Allen 12 months ago 1

A sensible response: Do not rush to pass a bill

The sensible response to all these new and evolving circumstances is not a rush to pass a bill, but a pause to evaluate the rapidly changing situation. …
By Judge Paul Michel 1 year ago 3

Unlocking Patents: The Cost of Failure, The Benefits of Success

LITAN: ''But let’s go back to the main point again from our paper, which is that we need to switch the national conversation about patents to …
By Gene Quinn 1 year ago 0

An Exclusive Interview with Robert Litan

LITAN: ''Cross industry variation in the use of patents shouldn’t mean that we should just junk the patent system. As I said, the alternatives to go …
By Gene Quinn 1 year ago 3

$200 Billion Could Be Added to Economic Output Annually by Unlocking Patents

Most patent owners and users cannot bear the costs or risks associated with enforcing and licensing their patents. The potential cost of this waste to the American …