The United States needs a coherent, focused, and long-term national IP strategy. That strategy should cover four key areas – 1) enhancing national security and competitiveness, 2) ensuring how we encourage entrepreneurship and settle disputes remains fit for purpose, 3) fostering inclusive innovation, and 4) building a wellspring of strategic trust and effective means of coordination through coalitions and alliances.

To succeed, a national IP strategy will require bipartisan support undergirded by informed decision-making and a détente between groups focused on short-term sectarian interests. IP advocates must engage players whose incentives favor weak IP rights and convince them that undermining those rights cedes a key geostrategic advantage to its foreign rivals. Strong foreign policies begin at home. Like the benefits of free trade and globalization, IP has lost favor with many in the very nation that boldly championed them decades ago. Women, racial, and other traditionally neglected groups need to become IP’s champions, engage in its evolution, and in so doing, help ensure its longevity. The time for a national conversation on how IP can help America remain the leading voice in a multipolar world is now.

You can read my fellow contributors’ wishes for 2023 using the link below.

IPWatchdog, Inc Eileen McDermott Alesha Dominique Stroock & Stroock & Lavan LLP Marla Grossman American Continental Group Kyle W. Graves Snell & Wilmer Chris Johns Finnegan, Henderson, Farabow, Garrett & Dunner, LLP Efrat Kasznik Foresight Valuation Group Stephen Kunin Maier & Maier, PLLC Elias Larson Polsinelli Penn State Dickinson Law Nicholas M. McKool Smith Scott McKeown Ropes & Gray LLP Karthika Perumal Womble Bond Dickinson (US) LLP Gregory Porter Hunton Andrews Kurth LLP Manita Rawat Morgan, Lewis & Bockius LLP Howard Shire Troutman Pepper Jonathan Stroud Unified Patents Wendy Verlander Verlander LLP

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