WASHINGTON (April 29, 2024) — Today, Representatives Thomas Massie (R-KY) and Marcy Kaptur (D-OH) introduced the Restoring America’s Leadership in Innovation Act of 2024. Frank Cullen, executive director of the Council for Innovation Promotion, released the following statement applauding the legislation’s introduction:
“C4IP thanks Representatives Massie and Kaptur for recognizing that we need to significantly strengthen the U.S. patent system to support American inventors, small businesses, and American competitiveness with their reintroduction of the Restoring America’s Leadership in Innovation Act of 2024.
Other strong, bipartisan bills, such as the Promoting and Respecting Economically Vital American Innovation Leadership (PREVAIL) Act, also show it is well past time for members of Congress to reassess and recalibrate the U.S. patent system in light of the many indications that it is failing to protect and promote the type of disruptive innovation and risk-taking that is critical to driving our economy forward and ensuring American competitiveness.”
About 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.