Today, Qualcomm is launching its new Patent Truth blog, which will serve as a source of information and insight on the swiftly evolving debate about the patent system and its role in stimulating innovation and preserving the competitiveness of U.S. businesses. The objective of Patent Truth is to provide facts and data that challenge misperceptions and unsubstantiated rhetoric that the patent system no longer functions as originally intended.
Patent Truth supports the view that the creativity and ingenuity that has played such a critical role in the commercial success of this nation and has given us some of the most transformative technologies in human history is rooted in a legal and regulatory system that protects intellectual property rights and encourages investment in the research and development of new technologies and products. Our nation’s reverence for protecting intellectual property and its importance in stimulating innovation dates back to the U.S. Constitution, which specifically authorizes Congress “to promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries.” The wisdom of this statement and its practical significance in driving innovation and preserving the competitiveness of U.S. businesses remains true today.
Patent Truth is designed to help guide the often confusing discourse about the role and impact of patents in the contemporary, global economy. Patent Truth provides background and credible, fact-based analyses supporting the view that protecting patents stimulates innovation, attracts investment, and promotes robust competition in the global marketplace. Patent Truth also firmly supports the role of the United States as a leader in setting the benchmark for intellectual property protection around the world.