{"id":26240,"date":"2023-04-26T15:16:52","date_gmt":"2023-04-26T19:16:52","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=26240"},"modified":"2023-04-26T15:16:52","modified_gmt":"2023-04-26T19:16:52","slug":"cfif-proudly-celebrates-world-intellectual-property-ip-day","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/26240\/cfif-proudly-celebrates-world-intellectual-property-ip-day\/","title":{"rendered":"CFIF Proudly Celebrates World Intellectual Property (IP) Day"},"content":{"rendered":"

Today is World Intellectual Property (IP) Day, and CFIF is proud to join a broad coalition<\/a> of conservative, libertarian and free-market organizations in celebrating a key element that not only drives worldwide innovation and prosperity, but also is the central component explaining American Exceptionalism in worldwide innovation, power and prosperity.<\/p>\n

In that latter regard, nothing stands above our enduring legacy of protecting IP \u2013 patents, copyrights, trademarks and trade secrets.\u00a0 America throughout its history<\/a> has protected IP like no other nation before or since.\u00a0 Our Founding Fathers deliberately inserted text protecting IP rights into Article I of the Constitution, which reads, \u201cCongress shall have the Power \u2026 To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries.\u201d\u00a0 As James Madison explained in the Federalist Papers while advocating ratification of the Constitution, protecting IP respected the natural right of individuals to enjoy the fruits of their labors, while also serving the public good by encouraging innovation.<\/p>\n

That assurance that one\u2019s creations will enjoy legal protection in turn promotes creative activity, which is why patent holder Abraham Lincoln noted that America\u2019s IP protections, \u201cadded the fuel of interest to the fire of genius in the discovery and production of new and useful things.\u201d<\/p>\n

Consequently, no nation spanning the entirety of human history even approaches America\u2019s record of patented invention, from the telephone to the airplane, from lifesaving pharmaceuticals like the polio vaccine to the internet.\u00a0\u00a0 No society remotely rivals our copyrighted artistic influence, whether in the form of motion pictures, television programming or popular music.\u00a0 No nation\u2019s trademarks stand recognized in the way that the Coca-Cola or Apple logos are instantly identified across the world.\u00a0 A direct relationship exists between our tradition of IP protection and our unrivaled success in innovation and prosperity.<\/p>\n

That\u2019s precisely why CFIF is so pleased to join other organizations here in the U.S. and across the globe in celebrating World IP Day, highlighting IP’s critical importance:<\/p>\n

On World IP Day, we celebrate the role intellectual property plays in bolstering entrepreneurship, innovation, economic growth and quality job creation…<\/p>\n

The U.S IP system drives economic growth, accounting for $7.8 trillion in GDP (41% of total GDP) and more than 47 million jobs.\u00a0 Direct and indirect employment in IP industries accounts for 44% of U.S. jobs.<\/p>\n

IP-intensive industries create high-paying jobs.\u00a0 Average weekly-wage earnings are 60% higher than earnings in other sectors.\u00a0 Accelerating the growth rate of women who participate in IP-intensive industries means increasing their earning power and financial well-being.<\/p><\/blockquote>\n

Unfortunately, some politicians here in America and abroad fail to respect the role of IP in boosting innovation and wellbeing, and actively seek to undermine it with such misguided efforts<\/a> as surrendering patent rights to Covid vaccines developed in the U.S.<\/p>\n

We cannot let that occur, lest Americans and billions across the world suffer.\u00a0 Accordingly, on this World Intellectual Property Day, we urge <\/span><\/span>national governments, policymakers and other organizations around the world to promote policies that<\/span><\/span> strengthen intellectual property protections and ensure that a healthy innovation environment can <\/span><\/span>thrive.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Today is World Intellectual Property (IP) Day, and CFIF is proud to join a broad coalition of conservative, libertarian and free-market organizations in celebrating a key element that not only drives worldwide innovation and prosperity, but also is the central component explaining American Exceptionalism in worldwide innovation, power and prosperity. In that latter regard, nothing […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2275,2871,2872,4857],"class_list":["post-26240","post","type-post","status-publish","format-standard","hentry","category-posts","tag-american-exceptionalism","tag-intellectual-property","tag-ip","tag-world-ip-day"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=26240"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26240\/revisions"}],"predecessor-version":[{"id":26241,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26240\/revisions\/26241"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=26240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=26240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=26240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}