USIJ Applauds the Introduction of the STRONGER Patents Act in the U.S. House of Representatives
FOR IMMEDIATE RELEASE:
Washington DC and Silicon Valley - The Alliance of U.S. Startups and Inventors for Jobs (USIJ) applauds the introduction of the STRONGER Patents Act in the U.S. House of Representatives.
The following statement can be attributed to USIJ Executive Director Chris Israel:
The STRONGER Patents Act, introduced by Representatives Steve Stivers (R-OH) and Bill Foster (R-IL), with a number of bipartisan co-sponsors, will make desperately needed reforms that will strengthen the U.S. patent system and incentivize investors, inventors and entrepreneurs to drive our economy forward.
It is an irrefutable fact that because of recent court cases, legislation and actions at the USPTO, patent protection in the U.S. is dramatically weaker than it has ever been. This comes at a time when our major competitors, including China, are strengthening their patent systems.
The unfortunate state of the U.S. patent system is a result of a coordinated campaign conducted for over a decade by many large, incumbent technology companies designed to diminish the rights of investors, inventors and entrepreneurs who develop original, breakthrough technologies that could challenge their dominance. The STRONGER Patents Act begins to reverse this course and will once again prioritize the interests of creators, inventors, startups and entrepreneurs within our patent system. Our Founders designed the U.S. patent system to stoke the fire of genius by providing a predictable property rights. The STRONGER Patents Act refocuses the U.S. patent system on this fundamental objective.
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.