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Happy New Year from the U.S. Chamber of Commerce Global Innovation Policy Center! A new year means new beginnings and a new opportunity to recognize the critical role intellectual property (IP) plays in the American economy and across the world. To kick off 2019, we’re highlighting the benefits of strong IP protections and enforcement—because this year just might be the biggest year for IP yet.
IP by the Numbers
IP is a major driver of U.S. economic growth and competitiveness and supports good-paying jobs.
IP Protects Businesses, Consumers
Robust and enforced IP rights protect business assets and ensure consumer safety.
IP Generates Breakthrough Solutions
Life-saving medicines, treatment options, sustainability measures, and pharmaceutical breakthroughs are all made possible because of strong IP rights.
Our economy is fueled by creators, researchers, and entrepreneurs, and IP is the force that incentivizes innovation and risk-taking. It also provides product assurance, reliability, and safety
As we enter a new year, there is a great opportunity to continue the momentum from last year. Trade deals will be negotiated, international research will intensify, and innovations will create life-changing products worldwide. While all of these things are happening around us, we must reiterate the importance of IP, especially with our state and federal lawmakers, and never take it for granted.
Simply put, we must bolster IP provisions in 2019 to boost risk-takers to create the next revolution. If we don’t, we may risk robbing ourselves of unique and innovative creations while stifling economies across the globe.