Council for Innovation Promotion Honors Women Inventors on World IP Day

WASHINGTON (April 26, 2023) — Today, the Council for Innovation Promotion released the following statement to commemorate this year’s World Intellectual Property Day, which is focused on “Women and IP”:

“Each year, World IP Day provides a chance to celebrate and reflect on the ways intellectual property protections have driven progress and changed our world for the better.

“This year’s celebration feels particularly special, as it offers an opportunity to celebrate the contributions women inventors, creators, and entrepreneurs have made throughout history, from helping us understand the structure of DNA, to breaking barriers in art.

“We’ve come a long way toward broadening the IP system, but there’s still room for improvement. For example, women patent at rates far lower than men and women face higher barriers to securing venture capital funding than their male peers.

“It’s absolutely critical that we continue to eliminate these sorts of innovation-crushing hurdles. Policymakers can do so by supporting a strong, effective, and transparent patent system that empowers everyone to think creatively, invent, pursue patents, start businesses, and transform the world.

“On this World IP Day and beyond, we must take steps to encourage more women to lead in the IP space — because when women inventors win, we all win.”

About the Council for Innovation Promotion: The Council for Innovation Promotion is a bipartisan coalition dedicated to promoting strong and effective intellectual property rights that drive innovation, boost economic competitiveness, and improve lives everywhere.

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