State Chambers of Commerce Push for IP protection
Tuesday, October 25, 2016 11:53 am | By Lorenzo Montanari

Last week 150 state Chambers of Commerce signed a coalition letter to urge Congress to protect intellectual property (IP). These organizations have joined together to stress the critically important role that IP plays in driving the U.S. economy.
As noted in the letter:

"America’s IP – our patents, copyrights, trademarks, and trade secrets – has been an engine of economic growth for our Nation, offering innovators and creators the promise of a return on their investments of time and resources. In fact, IP-intensive industries employ over 45 million Americans." 

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Design Patents Make It to Supreme Court
Thursday, October 20, 2016 12:28 pm | By Philip Thompson

Smart phone giants Samsung and Apple have been duking it out over intellectual property infringements since 2012.  The latest bout has roped in the Supreme Court, the first time in 100 years, to referee on design patents, to determine how much Samsung should pay for infringing three out of four of Apple’s design patents.
The design patents at issue are rectangular surfaces with curved edges, beveled sides and a grid of 16 icons for graphical display. None of these are used on products on the shelves today. Samsung was ordered to pay Apple $399 million for infringement on these patents, or the total profit it received from selling “the article of manufacture” with infringed designs.

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IP Plays Central Role in U.S. Economy
Thursday, October 6, 2016 3:20 pm | By Philip Thompson

Fast Facts:
·      IP-intensive industries accounted for $6.6 trillion in value added in 2014, a 30% increase from 2010
·      The share of total U.S. GDP attributable to IP-intensive industries was 38% in 2014, up four points from 2010
·      IP-intensive industries directly and indirectly supported 45.5 million jobs, about 30% of all employment
·      In 2014, workers in IP-intensive indus­tries earned an average weekly wage 46% higher than those in non-IP-intensive industries

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