David Kappos on Job Creation and Innovation

Technological innovation is responsible for three-fourths of our nation’s post-World War II economic growth rate, Undersecretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office David Kappos told attendees at a Center for American Progress.

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Which is more valuable: trade secrets or patents?

This month’s issue of the American Bar Association’s Landslide magazine includes a thought-provoking article about this topic. In the article, R. Mark Halligan points out that patents have limited lifespans, are costly to enforce, and are subject to ever-shifting legal standards of patentability. The article asks: can trade secret protection be a better choice for many inventions?

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