USIJ Statement on the Senate Small Business Committee Hearing on Patent System
FOR IMMEDIATE RELEASE:
USIJ applauds Chairman Vitter and the Senate Small Business Committee for holding this important hearing on the importance of the U.S. patent system to America’s small businesses.
Innovative entrepreneurs, startups and small businesses drive most of the disruptive
breakthroughs and technological advancement in the U.S. The creativity, exploration and passion that fuel these individuals and companies can only occur in the U.S. because of our patent system. It is unique and often held up as a model around the world. It is also the major reason the U.S. is considered a leader in innovation.
All companies start small, and it is critically important that Congress fully understand the role that strong patent rights play in incentivizing and driving the inventive process in America. This is what enables companies to push the envelope and drive our economy and society forward.
About the USIJ:
The Alliance of U.S. Startups and Inventors for Jobs (USIJ) is a group of nearly 50 startups, inventors, investors and entrepreneurs. Collectively, we have launched dozens of companies in areas including biotechnology, clean energy, medical devices and wireless technology. We invent real things and create real companies. We also rely on the strength of the U.S. patent system to create these companies, breakthroughs and jobs.