IP-intensive industries support roughly 63 million US jobs and 41% of US economic output. Weak patent enforcement puts far more than a few lawsuits at risk. https://t.co/ZS3arjlMpa
A tax on third-party litigation funding would bar many small inventors before a jury ever hears the facts. That is exactly the fight Big Tech wants. https://t.co/nwL5r7mcAX
The right to exclude is the fundamental value of a patent. If proven infringement only results in a royalty years later, large companies can treat theft as a cost of doing business. Judge Paul Michel has more: https://t.co/dYGHv3syfz
From national labs to advanced manufacturing plants to health-tech startups, regional innovation hubs depend on enforceable IP. A tax on TPLF makes those local economies easier for corporate giants to raid. https://t.co/cokow55OQO
"Efficient infringement" is a simple strategy: profit from a stolen technology and have expert lawyers steamroll the smaller inventor in court. Third-party litigation funding lets the little guy fight back.
China now leads the US in 37 of 44 critical technologies. Weakening the right to stop proven infringement is no way to compete in AI, quantum computing, advanced medicine, or manufacturing. Judge Paul Michel has more: https://t.co/dYGHv3syfz
The Constitution protects inventors' exclusive right to their discoveries. But a tax on third-party litigation funding would all but nullify that exclusivity. https://t.co/ZS3arjmkeI
When the largest companies know smaller rivals can't afford years of litigation, stealing first and negotiating later becomes a lucrative business model. Strong patent rights are the check on that abuse. https://t.co/Muybv99yuh
The airplane, lightbulb, medical breakthroughs, advanced manufacturing, and so much more are the result of a system that lets inventors protect their work and attract capital. Scott Pullins has more in the Dayton Daily News: https://t.co/vRvEaU1JIa
Google, Apple, Amazon, and Meta can afford years of patent litigation. Most small inventors cannot. Third-party litigation funding evens the playing field.
The claim that outside funding is driving a wave of frivolous patent lawsuits isn't supported by data. Patent litigation has declined for more than a decade while patent grants have continued to rise. https://t.co/ydq0DWrBfH
.@USIJorg's Chris Israel wrote for @InsideSourcesDC about how the U.S. patent system is stacked against small inventors.
Read his op-ed here: https://t.co/3DuRkXcD4G
Nobel-winning research on innovation makes the same point inventors have made for years: growth depends on incentives to take risks, attract capital, and challenge incumbents. Strong patent rights make that cycle possible. https://t.co/Muybv990EJ
Patent litigation has declined over the last decade even as patent grants have risen. The claim that outside funding is driving a wave of frivolous patent suits doesn't match the historical trends. https://t.co/ydq0DWrBfH
Big Tech's efficient infringement playbook is simple: copy first, drag litigation, and bet the smaller rival settles for almost nothing. Third-party litigation funding gives inventors a chance to break that strategy.
China leads the US in 37 of 44 critical technologies. Weakening the right to stop proven infringement is a dangerous way to compete in a tech race. Judge Paul Michel has more: https://t.co/dYGHv3syfz
Third-party litigation funding ensures patent cases are decided on the merits, rather than by which side can burn more cash. A tax designed to dry up that funding would make efficient infringement even more attractive for Big Tech. https://t.co/nwL5r7lELp
Innovation depends on strong patent rights that reward risk-taking, protect small inventors, and let upstarts compete.
The RESTORE Patent Rights Act would strengthen patent enforcement and help keep America’s innovation economy moving forward.