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.
Canadian Troll Patent Suits Could Upend U.S. Connectivity
The ITC has an important job to do – protecting American companies from unfair foreign trade practices, but trolls are abusing this important agency. The AAIA will allow it to return to that mission and keep patent trolls out of the ITC.
Standing Up for American Innovators, Investors, and Risk-takers
Comments to the U.S. International Trade Commission regarding the proposed extension of the TRIPS intellectual property waiver for Covid-19 diagnostics and therapeutics.
I'm From the Government, and I'm Here to Take
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.
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.
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.
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.
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.
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