Posts Tagged: US Economy


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
3 years 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
3 years 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
3 years 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
3 years 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
3 years 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 …

A Strong Innovation Ecosystem is Needed for Job Creation

Speaking without notes, Walker was in rare form. He spoke about everything from job creation to the need to allow innovators to benefit from the fruits of …
By Gene Quinn
3 years ago 4

Eternal Vigilance is the Price of Bayh-Dole

Debates over economic fairness, the appropriate role of government in the economy and the value of the patent system spill over into our world. One factor that …
By Joseph Allen
4 years ago 5

Fairy Tales and Other Irrational Beliefs About Patents

Without a competitive advantage sane people do not invest money in even simple gadgets, which is why it is extraordinarily difficult to get a licensing deal without …
By Gene Quinn
4 years ago 61

Improving Innovation Climate Critical to US Economic Future

We have thoroughly destroyed the manufacturing capabilities of the United States and in the process decimated middle class America. The Supreme Court is forcing an anti-patent agenda …
By Gene Quinn
4 years ago 1

The Destruction of a High Tech Economy

Simply stated, strong patent rights are an absolute prerequisite for a high tech economy.... With a steep and significant erosion of patent rights and a horribly uncompetitive …
By Gene Quinn
4 years ago 76

Australia Court Says Isolated DNA Patent Eligible, Slams SCOTUS

On the very same day that the U.S. jobs report shows unexpectedly weak growth, the Federal Court of Australia issued a ruling directly opposite to the …
By Gene Quinn
4 years ago 30

Populist Disconnect and the Whittling Away of IP Rights

Stealing originally created content is extremely problematic, whether it is a blog article, a newspaper article, a book, painting, photograph or movie. If you search the Internet …
By Gene Quinn
4 years ago 25

Does Innovation Lead to Prosperity for All?

Whether innovation benefits the masses or just the elites has major policy ramifications. If the later, shouldn’t government insure a fair division of the economic pie? …
By Joseph Allen
4 years ago 31

Bringing Manufacturing Jobs Back: A Policy for America’s Future

Short-sighted decisions by CEOs and the lack of any leadership, let alone meaningful leadership, in Washington, DC, has placed America on the path of economic ruin. The …
By Gene Quinn
4 years ago 11