Our Founding Fathers had the foresight to include in the Constitution a clause granting inventors the “exclusive right” to their inventions. This clause, embodied in our patent system, has created a powerful incentive for risk-taking among American… Read More »
America’s patent system used to be the gold standard for the world. It incentivized innovators – in Delaware and across our country – to take risks that delivered new inventions that propelled our economy and improved people’s… Read More »
The economy is hard to understand. How does something that was basically a college prank turn into a billion-dollar company? How does a market move from one person making a final product to a diverse production structure… Read More »
In my time in the U.S. House of Representatives, I had the privilege of working alongside Sen. Patrick Leahy, D-Vt., to craft a comprehensive and bipartisan patent reform bill. The Leahy-Smith America Invents Act, signed into law… Read More »
Before he was a member of Congress, Rep. Don Beyer (D-Va.) was known for selling cars. According to his financial disclosures, the holding company for Beyer Auto car dealerships is Pirate Motors LLC. While this might evoke… Read More »
Imagine you’re an inventor. After investing your life savings, and spending countless late nights refining your product, you’ve managed to turn your good idea into a thriving small business. But then, a bigger company comes along, copies… Read More »
If you really wanted to beat China as global leader in emerging technologies, you’d be sure your top innovators had the property-rights and free-market incentives and rewards to win that competition. But the European Commission (EC) is… Read More »
The American inventor is under attack, and it’s coming from our government. Lawmakers harp about patents as “monopolies” that purportedly prop up prices; the executive supports a grand technology giveaway as pandemic relief; and the judiciary has… Read More »
Litigation finance firms provide non-recourse loans to commercial parties with lawsuits, ensuring corporate defendants can’t use their wealth and access to top-flight attorneys to intimidate and crush smaller competitors. In this context, large corporations and the US… Read More »
The European Union is reportedly considering sweeping new regulationsfor the licensing and litigation of standard essential patents (SEPs), which make fair-minded observers wonder whether any sane adults are in charge at the European Commission (EC). The EU’s… Read More »
