Watchdog: Panel: If the patent system is in peril, so is our economy, by Erin Clark
This post originally appeared in Watchdog on October 20, 2016.
The consensus was clear: a robust patent system has been the basis for the United States’ past economic growth, and degradation of that system will inevitably hurt the U.S. position in the world economy.
Panelists at a Wednesday Capitol Hill briefing sponsored by Eagle Forum each warned of dire implications of continuing changes to U.S. Patent Law. In front of an audience composed largely of congressional staffers and interns, economist and patent expert Pat Choate, Qualcomm VP and intellectual property specialist Laurie Self, and Strain LLC intellectual property attorney Andrew Baluch provided a historical overview of the patent system and discussed the dangers that eroding patent protections poses to the American economy and culture of entrepreneurship.