America is the world’s leader in technological innovation, and that’s unlikely to change. But in the global economy, information and investments flow instantaneously, and America’s most important asset—intellectual property—is easily copied and counterfeited.
Making matters worse, a string of court decisions have weakened U.S. intellectual property rights. The Supreme Court passed up deciding important cases this month that could have reversed the trend. These events diminish confidence in the U.S. patent system and undermine American global competitiveness.
