Sens. Coons and Cotton: We've introduced legislation that will help the US keep its competitive edge
From our world-class universities and our unmatched workforce to our culture of entrepreneurship and drive for success, there are many reasons America's economy is the strongest in the world.
But a bedrock of our economy is too often overlooked: our intellectual property system.
Intellectual property rights have their own clause in the Constitution because our Founding Fathers recognized the importance of encouraging invention and innovation. They wanted the United States to be a place where we looked to the future and constantly strived for progress, and all the way back in the eighteenth century, the Founders laid the groundwork for a strong patent system that made the U.S. the most innovative country in history. On Wednesday, we introduced a bipartisan bill in the U.S. Senate that seeks to continue this proud tradition.