America’s Continued Lead in Innovation Requires Fixes to Flaws in Patent System
This week, in a remarkable speech to the National Academy of Sciences, President Obama laid out a bold vision for America to maintain its global lead in innovation . In his remarks, the President said, “Scientific innovation offers us a chance to achieve prosperity. It has offered us benefits that have improved our health and our lives—improvements we take too easily for granted.” I could not agree more that America can’t take innovation for granted. One of the most important ways we can ensure continued U.S. scientific leadership is to make needed reforms to our patent system. I had the honor of testifying today at a hearing of the U.S. House Judiciary Committee in favor of the Patent Reform Act of 2009 (HR 1260). My basic message was this: At a time when we must do everything possible to stimulate economic growth and job creation, the flaws in our patent law drain resources away from research and job creation, and toward unjustified patent suits. The longer we wait to address these widely acknowledged problems, the more we will sap the innovation and job creation potential of the tech industry
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America’s Continued Lead in Innovation Requires Fixes to Flaws in Patent System


