The Hill News

The Federal Trade Commission (FTC) has just issued its long-awaited and comprehensive report entitled, "The Evolving IP Marketplace.” Review of this study is critical for a complete understanding of our country’s economic future, particularly job creation through innovation.

Intellectual property now comprises the great majority of corporate worth â€" about 80 percent. Today’s situation is in sharp contrast to a mere 40 years ago when land, buildings, machinery, etc. made up the vast share of corporate value. Thus commercialized new ideas will create our next generation of industries, manufacturing plants, and jobs.

Read more...