New Patent Office Will Foster Innovation, Creating a Cycle of Job Growth
Guest blog post by Eric Kelly, President and CEO of Overland StorageAs one of the driving
forces of technological innovation in the United States, Silicon Valley
companies continue to create new products and opportunities that advanceall
aspects of our lives. The ability to create intellectual property is critical
for companies as they develop new products and protect existing assets. Last
year alone, Californians made up more than a quarter of the 108,626 patents issued
to U.S. inventors.
Recently the Commerce
Department announced a plan to put a satellite Patent Office in Silicon Valley.
As the President and CEO of a global provider of leading data management and
data protection solutions, I support this move, as it brings increased
resources to streamline the patent process and creating a cycle of job growth
that is good for the overall US economy.
I also believe that it is
critical that the United States retain our manufacturing base to further protect
the intellectual assets of our innovators. The impact of piracy and
counterfeiting not only affects company sales, exports and profits, it can
threaten the existence of companies that spent years and millions of dollars
developing and bringing technology to market.
The world is changing at
lightning speed, and Silicon Valley continues to be a force in driving change
and enabling companies and individuals adapt to change. We look forward to working
with Acting Secretary Rebecca Blank and the entire Commerce Department team in
their efforts to ensure that companies can remain agile, innovative and
competitive in today's evolving marketplace.