Patent News

Apr. 28, 2015

Worthington Daily Globe Letter: More than meets the eye on ‘patent trolls’, by Steve Lyon

This letter originally appeared in the Worthington Daily Globe on April 28, 2015.

Steve Lyon is a board member of the  Minnesota Inventors Network in Minnetonka.

It is safe to say that patents — and a patent system that protects millions of inventions — have had a great deal to do with our ability to grow and prosper as a nation. Our innovation roots run deep. Several of the nation’s founders were inventors, and the patent office is provided for in the constitution.

For over 200 years, our patent system has given our nation’s innovators the protections needed to succeed. Patents provide innovators the peace of mind to go about their work knowing that they have intellectual property that is protected and assures that they will be properly rewarded for successfully bringing their products to market. Patents also incentivize future innovation and build investor confidence that is vital in promoting growth and spurring job creation here in Minnesota and across the country.