Intellectual Property

Protecting Intellectual Property

Intellectual Property Theft Damages American Innovation and Competitiveness

The intellectual property (IP) generated by U.S. companies is critical to America's prosperity and leadership in the global economy. IP makes up more than half of all U.S. exports, driving 40% of the country's growth (U.S. Department of Commerce). 

IP theft costs the U.S. economy $250 billion per year (FBI) and has resulted in the loss of 750,000 jobs (U.S. Customs and Border Protection).

Entrepreneurs devote time, money, and sweat into creating the next must-have technologies. We need to encourage this innovation and protect it so that entrepreneurs know that they will enjoy the economic benefits of their creations in the free market.

The IP of innovative industries is increasingly under assault around the globe as governments and non-governmental organizations aggressively seek to erode patent, trademark, and copyright protections.

Protecting IP benefits consumers, supports health and safety standards, attracts investment, and creates jobs while expanding access to technology and medicines.