Posts Tagged: "Senator David Vitter"

Fact Checking Bogus ‘Patent Report Card’ Grade for Senator Cruz

Simply stated, Senator Ted Cruz (R-TX) did not deserve the F foisted on him by the Engine study or amplified by the reporting by Wired and Ars Technica. Notwithstanding the inexplicable F given to Senator Cruz, the biggest error in the “report card” related to something that never happened. Senator Marco Rubio was given a B based on his vote in favor of the America Invents Act (AIA). The problem is that Senator Rubio missed that vote on the AIA and is also on record saying that had he been present he would have voted against the AIA. Indeed, there are many other inaccuracies and misleading statements that collectively left us wondering if the scoring of this “report card” intentionally misleads the public and reinforces the stereotype that the tech community only likes Democrats.

Senate Small Business Committee hearing focuses protecting rights of patent owners

Committee chairman Senator David Vitter (R-LA) began the hearing by speaking about the importance of a strong patent system to small businesses all over America, as well as the importance of those small businesses to the U.S. economy. Vitter remarked that small businesses have provided two-thirds of all net new jobs since the 1970s and they also produce 16.5 times more patents per employee than larger enterprises. Recent legislation causing major changes in the country’s patent system, including the Leahy-Smith America Invents Act (AIA), have made it more difficult to enforce patent rights. “It’s essential to remember that many legitimate owners of intellectual property do not manufacture anything but nonetheless have legitimate claims of patent infringement against other parties,” Vitter said. He was also wary of the “staggering rate” of decline in patent value during recent years, stating that during the past four years patent values have dropped by as much as 80 percent.

The Patent System: It is important for America that we get it right

Small businesses and independent inventors are critical to revolutionary advancement of American technology. They file over 20% of the applications at the USPTO, and their patents are more likely to encompass breakthrough inventions, rather than incremental change. While Congress has considered a range of legislative reforms, the other branches of government have also been moving forward with challenges confronting the patent system. It is important for America that we get this right. Thoughtful legislation can further improve the patent system and lead to more job creation and economic growth as long as we remember that it is the patent system fuels America’s innovative spirit.

Why Trump’s love of eminent domain should concern patent owners

Donald Trump argued at the New Hampshire debate that our nation’s infrastructure would not happen without eminent domain. While economic development as a justification for eminent domain has been severely criticized, there does not seem to be a similar criticism associated with stripping property rights from patent owners in order to allow technology adopting infringers to distribute what they did not themselves innovate without paying the property owner for the privilege.

Innovation Act delayed in House amid bipartisan bicameral disapproval

Members of both major American political parties from both the Senate and the House of Representatives came together at a press conference held on the afternoon of Tuesday, July 14th, to oppose the most recent round of proposed patent reform bills in either chamber of Congress. Meanwhile, rumors are swirling that suggest that the Innovation Act (H.R. 9) has been tabled for the rest of the summer in the House of Representatives.