IPWatchdog: Congress is Lagging on Innovation Policy; Americans Are Paying the Price by Andrei Iancu and David Kappos
Intellectual property (IP) protections don’t merely shield Americans’ ideas and designs from theft—they underpin our entire economy and standard of living. Approximately 90% of the market value of the S&P 500 is in intangible assets, based on IP. Weakened IP protections erode American prosperity and human potential as IP-intensive industries support 63 million U.S. jobs and account for over 40% of America’s economic output.