Eagle Forum Legislative Alerts

Friday, June 24, 2011

'Patent Reform' Will Hurt Innovation

Let’s not discourage ingenuity or give big banks another bailout.

This week, the House of Representatives is scheduled to vote on legislation that will overturn 200 years of legal precedent, destroy constitutional protections afforded inventors and innovators, hurt our economy, and reward big banks. Yet some people have the temerity to claim that the bill — H.R. 1249, the America Invents Act — is “conservative.”

Patent reform is an issue that has lingered for years, but a small band of House conservatives joined forces with icons Phyllis Schlafly, Ed Meese, and others to block it. Never before have we been so close to defeat.

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Further Reading: Patent Rights

1 comment:

Ken said...

We seriously need patent reform because patents are now being used to stop innovation instead of promoting it. We have patent trolls that will never implement the product and only use the patents to sue others even if it is only remotely similar. Patents are particularly destroying the tech sector where collaboration is essential.

It has become dangerous to invent anything in today's litigious climate and there is almost no new products being introduced that do not generate lawsuits.

Patents in their current form are more likely to keep people from innovating than as an incentive to do so.

Very few things are invented by the lone inventor and many times things are invented simultaneously by independent inventors. Our current system is tailored to the lone inventor creating an entirely new product that has never been seen before which in reality is extremely rare.

There is nothing conservative about our current patent system. It destroys the pioneering spirit of ingenuity. Long patent terms stifle competition and give very little incentive to actually implement the invention.

Our current patent system is nothing less than government protectionism and does not conform with our ideals of self-reliance, free markets, competition, and the limited role of government. Inventors do not need government protection to be successful. Inventors and entrepreneurs do not need to be a protected class. The thought of someone needing government protection as opposed to competing in a free market should offend the sensibilities of all conservatives.

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