Wednesday, March 7, 2007

First In the Hearts of his Inventor Countrymen

March 7, 2007
Testimony by W. Gates, III:
B. Rewarding innovation "In addition to investing in innovation, we must also reward innovators. This means giving inventors the ability to obtain intellectual property protection for their innovations, and to enforce these rights in the marketplace. America is fortunate that our leaders recognize the importance of intellectual property rights and the need for these rights to be respected, both at home and abroad. I know I join many other Americans in thanking this Congress and this Administration for their tireless efforts to promote intellectual property protection. In this regard, I would briefly note Microsoft’s support for current efforts in Congress to reform the U.S. patent system to meet the needs of the 21st century. Microsoft and other technology companies are working closely with Chairman Leahy and Senator Hatch on the Senate Judiciary Committee, and with the leadership of the House Judiciary Committee, to advance legislation on needed reforms. Although I will not delve into the details here, the reforms supported by Microsoft and many others will improve patent quality, reduce excessive litigation, and promote international patent harmonizationreforms that are vital if America is to retain its pre-eminence in technology innovation." Full text is here. Video is here.

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