As cited in Dale B. Halling’s Source of Economic Growth, 2015
‘http://www.wipo.int/edocs/mdocs/mdocs/en/wipo_ip_econ_ge_5_10/wipo_ip_econ_ge_5_10_ref_huandpng.pdf
‘A paper by National University of Singapore shows a strong correlation between economic freedom and strong patent systems and economic growth’
As James Madison wrote in Federalist No. 43 regarding constitutionally recognized rights of inventors and that portion of the Constitution as proposed, “The utility of the clause will scarcely be questioned. The copyright of authors has been solemnly adjudged, in Great Britain, to be a right of common law. The right to useful inventions seems with equal reason to belong to the inventors. The public good fully coincides in both cases with the claims of the individuals.”
To our founders inventors’ rights were not just self apparent, but coincided with the public good as the above paper now notes. That patents are now too expensive, difficult and lengthy to get and enforce underscores the critical juncture that America now finds itself in. As we say, show us a country with weak or ineffective property rights and we’ll show you a weak economy with high unemployment. If we cannot own the product of our minds or labors, what can we be said to truly own? Life and liberty are fundamentally tied to and in fact based on property rights.
For our position and the changes we advocate to truly reform the patent system, or to join our effort, please visit us at https://aminventorsforjustice.wordpress.com/category/our-position/
or, contact us at aifj@mail.com