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Intellectual Property

Intellectual Property RSS Feed

Economic growth begins with ideas, innovation and creativity. Since the signing of the Constitution, the U.S. has protected the fruits of creativity and innovation through intellectual property protection, primarily expressed as patents, trademarks, copyright and trade secrets.

As our economy has become even more dependent on innovation, intellectual property issues have been pushed to the forefront. The clashes have led some to question the value and even the legitimacy of IP protection. While some of these attacks come from the libertarian perspective, most originate from the same naïve socialist impulses that so demonstrably failed in the realm of real property—but somehow are seen as thoughtful with respect to IP.

IPI believes that creators have the right to own and control the fruits of their creativity, and that the IP system has done an admirable job of not only incentivizing innovation, but also making creative products and services available to the public and transferring technology to the developing world.

April 26, 2023

Team Biden Looks for an Excuse to Impose Price Controls

A new working group has been tasked with redefining the Bayh-Dole Act’s march-in rights.

August 9, 2022

For Drug Companies, No Life-Saving Deed Goes Unpunished

We’ll never know what new drugs might have been developed but won’t be under the Democrats’ price controls.

June 13, 2022

Drug Importation Is Still a Bad, and Deadly, Policy

For 20 years IPI has been warning that prescription drug importation schemes would allow counterfeit drugs to enter the U.S., and we are seeing their deadly effects. 

June 2, 2022

Coalition Letter Opposed to WTO Intellectual Property Vaccine Waiver

A coalition letter in opposition to the proposal before the World Trade Organisation (WTO) to undermine intellectual property rights for COVID-19 vaccines. 

May 19, 2022

Permissionless Innovation vs. the Precautionary Principle

For the sake of our economy, for the promise of a better quality of life, and greater discovery, we should allow permissionless innovation unless harm can be demonstrated. And even then, such regulation should be minimal and flexible. 

February 17, 2022

Populism Is the Wrong Approach to Tech Policy

The United States has figured out the innovation equation, while the rest of the world has not: The heavy hand of government does not lead to greater innovation. That’s why tech populism, calling for more aggressive regulation and antitrust activism, is very troubling.

October 5, 2021

Biden's Effort to Increase the Public's Access to Counterfeit Drugs

Biden wants to increase your access to deadly counterfeit drugs even as the DEA is trying to reduce that access.

May 2, 2021

'Right to Repair' Is Bad for Your Health

“Right to repair” sounds sympathetic but it’s a wolf in sheep’s clothing. It’s not being pushed by small repair businesses but by ideological public-interest law firms and activists as an attack on intellectual property.

April 22, 2021

Why World IP Day Matters

Property rights are the foundation of a market economy. If you don’t have clear property rights, no one can really enter into contracts to buy and sell anything. 

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