A Patent System For Everyone

Описание: America's Uniquely-Democratic Patent System: Why America developed the world’s first patent system for the common man, and what we got out of it as a result (hint: the strongest economy on the face of the earth).

The Founding Fathers, on the other hand, wanted to stimulate the rapid growth of America’s nascent economy, which was then totally lacking in major industry and dependent on imports. Thus, they consciously designed a patent system that would do what none had done before — stimulate the inventive genius and entrepreneurial energy of the common man.

By 1865, America’s per capita patenting rate was triple that of Britain’s. By 1885, it was quadruple that of Britain’s. Americans then patented five times as many inventions each year as the British. This happened even with our populations being the same size.

The result? America’s patent system helped create the most successful economy on earth. It shaped our culture as well. Eli Whitney and Robert Fulton became national heroes. For the first time in history, a nation came to see its greatness in its capacity for technological progress.

Read the full article on the history of patents here: https://michelsonip.com/basics-of-ip-...

Brought to you by The Michelson 20MM Foundation & IPO Education Foundation, made possible by the generous support of Alya and Gary Michelson, M.D.

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An Intellectual Property Series by The Michelson 20MM Foundation & IPO Education Foundation

Executive Producer: The Michelson 20MM Foundation, IPO Education Foundation, Phil Kim
Producers: Mayra Lombera, Marisa Moosekian
Writer: David Kline
Animation: Derek Porter, Motionimation
Narration: Tony Pasquale

Based on the book: "The Intangible Advantage: Understanding Intellectual Property in the New Economy" - download it for free here: https://michelsonip.com/intangible-ad....

Written by: David Kline
Executive Editor: David Kappos
with Gary K. Michelson, Kerry L. Bundy, Richard Epstein, Paul Janicke, Paul R. Michel, Robert G. Krupka, Randall G. Kahnke

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