Patent News

Nov. 25, 2015

Spokesman-Review Editorial: Misnamed Innovation Act would suppress economic growth, by Spokesman-Review Editorial Board

This post originally appeared in the Spokesman-Review on November 25, 2015.

One of the wellsprings of American prosperity is under attack; by the Congress, no less.

The insidiously named “Innovation Act,” H.R. 9, would quash innovation by exposing inventors to the theft of their ideas, and crushing litigation costs should they try to seek compensation.

The victims would be small business, investors, even America’s universities, which in 2013 alone received 5,200 patents, which led to the founding of more than 800 start-up companies.