Arizona Tribune - USIJ Releases New Policy Agenda to Guide Congress and Grow the Economy

"Right now, America's most innovative startups and inventors face existential threats from larger, entrenched incumbents that steal their technology," said Chris Israel, executive director of USIJ. "This theft undermines technological progress and economic growth -- and puts us at a disadvantage against China."

The agenda particularly focuses on supporting "Growth Tech" companies -- the dynamic startups pushing the boundaries of existing technology.

Unlocking American Innovation: A Little Tech/Growth Tech Agenda for Policy Makers highlights six key priorities to support emerging inventors:

• Curb predatory infringement by Big Tech and restore injunctive relief that enables patent holders to block the sale or import of infringing products, software, and others.

• Restore and enhance patent eligibility by overturning restrictive Supreme Court rulings that have weakened protections for fintech, medical diagnostics, and AI.

• Strengthen international IP protections by directing the U.S. Trade Representative to oppose IP waivers and combat global IP theft, which costs U.S. innovators billions annually.

• Reaffirm federally funded innovation protections to ensure government agencies don't tear up patent licensing agreements on a whim.

• Protect third-party litigation funding to ensure innovators can effectively challenge infringement.

• Enhance USPTO leadership by confirming a USPTO Director with a strong commitment to empowering startups.

"If we want America to dominate the 21st century, lawmakers must give inventors the tools and protections they need to thrive," said Israel. "Our agenda shows them how."

The full agenda is available at USIJ's website. If you'd like to schedule an interview with USIJ, please contact Greta Timmins at [email protected] or (202) 796-5015.

About The Alliance of U.S. Startups and Inventors for Jobs
USIJ is an association of inventors, startups, venture capital investors, entrepreneurs and supporters, whose efforts to bring new companies and new technologies into being are entirely dependent on a reliable system of patent protection. Collectively, we have launched dozens of companies in areas including biotechnology, clean energy, AI, semiconductors, medical devices and wireless technology.

SOURCE: The Alliance of U.S. Startups & Inventors for Jobs

View the original press release on ACCESS Newswire

T.Sanchez--AT