Why Protecting Intellectual Property is Critical to our Economy

Michele Nash-Hoff, president, ElectroFab Sales Fueled by innovation, America’s manufacturing community needs better intellectual property protection to ensure global competitiveness. The U. S. economy has been the innovator of virtually all major technologies developed since World War II. The innovative technologies that American inventors and entrepreneurs have invented and developed have benefitted Americans in all aspects of their lives. American manufacturers have been responsible for more than two-thirds of all private sector R&D that led to these innovative new technologies. More than 90% of new patents derive from the manufacturing sector and the closely integrated engineering and technology-intensive services. read more