![]() Intellectual Property and Innovation
June 19, 2003
Senator Ron Wyden, and Senator John Ensign, in conjunction with the Council on Competitiveness, invite you to join them for a discussion on intellectual property protections and their impact on innovation.
In a recent speech, Federal Reserve Chairman Alan Greenspan posed a series of questions regarding the United States' current approach to protecting intellectual property. He asked, "Are the protections sufficiently broad to encourage innovation but not so broad as to shut down follow-on innovation? Are such protections so vague that they produce uncertainties that raise risk premiums and the cost of capital? How appropriate is our current system - developed for a world in which physical assets predominated - for an economy in which value increasingly is embodied in ideas rather than tangible capital?" The Forum on June 19th will convene a panel of experts to discuss these questions and others related to how intellectual property is protected via patents, copyrights and trademarks, and whether this protection is encouraging or inhibiting innovation. This broad-based discussion has implications for industries ranging from software to biotechnology to music to telecommunications.
Led by U.S. Senators Ron Wyden and John Ensign, the Forum advocates no particular position or policy prescription. Our sole purpose is to inform. Our briefings are nonpartisan, balanced, and open to the public and the media.
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