Archive for November, 2017

China on course to eventually pass U.S. in innovation?

Tuesday, November 21st, 2017

Another article on the alarming decline of start-ups in the U.S., the rise of innovation in China, and the unfortunate self-inflicted degradation of the U.S. patent system’s ability to support innovative new companies.   The U.S. patent system is now tied for 10th place in the world, with Hungary.  As the author of the below article points out, the U.S. should stop worrying about China, and start worrying about improving the environment for start-ups in the U.S.

https://www.wsj.com/articles/fear-american-complacency-not-china-1511216055

Start Up Economy in Bad Need of a Patent System Fix

Sunday, November 19th, 2017

The URL below points to an important opinion piece by James Glassman on the importance of the patent system to start ups, and why it needs to be fixed as a top economic priority. All the tax cuts in the world are not going to help jump start accelerated job growth if our entrepreneurs can’t afford to protect their innovations, which is a sad reality of today’s patent system.

http://thehill.com/opinion/technology/360963-a-simple-way-to-make-america-great-is-fixing-our-patent-system#.WhDcArmEpa8.twitter