Entries with tag us intellectual property.

Survey: Businesses Claim Intellectual Property “Not Important”

A comprehensive study by the National Science Foundation and US Census Bureau finds 90 percent of businesses deem intellectual property as “not important.” The resulting report has been both lauded and criticized. Some have said it shows the importance of IP -- patents, copyrights, and trademarks – to US business, while those critical of the study say it is “so broad as to be meaningless. Indeed, according to the report, the number one IP-intensive industry by employment in the United States was… grocery stores,” noted  Gabriel J. Michael, a doctoral candidate in political science at The George Washington University, who dissected the report. “Furthermore, although supporters of stricter IP regulation and enforcement continue to rely on the report to justify policies relating to copyrights and patents, the vast majority of the report’s purported economic benefits were attributed to trademarks.” This comes as patent reform, including an end to frivolous patent litigation, is being pushed in the US. (SlashDot)(The Hill)(Business Research and Development and Innovation Survey 2008-2010)(To Promote the Progress)

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