“IP rights are American property rights.”"..
Undersecretary of Commerce and Director of NIST Walter Copan said at the LES Silicon Valley conference on Wednesday, April 25, 2018. “IP rights are American property rights.”
This simple, declarative statement by Director Copan was as important as it was direct. These words were spoken on the morning after the United States Supreme Court issued its decision in Oil States v. Greene’s Energy, which rather than saying patents are a property right instead called patents merely a “government franchise.” Indeed, the Supreme Court once again in a patent case ignored the text of the Patent Act, which says patents have the attributes of property, and instead took up the invitation of the Solicitor General and found that patents are not property rights, but instead are a government franchise.
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https://www.ipwatchdog.com/2018/04/30/ip-rights-essential-ingredients-innovation-system/id=96628/