The United States is where things are created, designed and invented, not necessarily where things are made. And while it may be time to bring some of that manufacturing back home, our international competitive advantage is and will likely remain creativity and invention.
The way we encourage, incentivize and protect such creativity and invention is through the protection of intellectual property (IP): copyrights, patents, trademarks and trade secrets. Intellectual property is how we assure creators and inventors that, if their creation succeeds in the marketplace, they will be able to profit from it and exert control over who uses it and how it is used.
IP protection also involves making sure counterfeiting and piracy of protected goods is resisted rather than encouraged.
For conservatives and proponents of free markets, property rights are fundamental, and intellectual property rights are no different.
Please join the Institute for Policy Innovation (IPI) on December 10 for a virtual policy discussion with industry leaders and policy experts on the importance of intellectual property protections to our innovation economy.
Amy Bos, Director of Federal Government Affairs, Internet Association
Adam Mossoff, Professor of Law, Antonin Scalia Law School, George Mason University
Greg Saphier, Senior VP, External Affairs, Motion Picture Association
Moderator: Bartlett Cleland, Senior Research Fellow, Institute for Policy Innovation