By Randolph May
and Michael Horney
The US Chamber of Commerce’s Global
Intellectual Property Center held its 2nd Annual IP Summit yesterday with
a prestigious list of speakers, and we were both pleased to attend the conference.
Senator Chris Coons (D-DE) and Representative Bob Goodlatte (R-VA) were the two
current members of Congress who spoke. There were also many Presidents and CEOs
representing successful IP-related companies and organizations, as well as
other speakers with heavy involvement in IP-intensive industries.
A principal, notable takeaway from the
IP Summit is the message conveyed by the broad range of sponsors for the event.
Just to name a few of the wide variety of businesses and organizations – The
App Association, American Beverage Association, Biotechnology Industry
Organization, CropLife America, Motion Picture Association of America, Pharma,
and Software & Information Industry Association – their involvement in the
IP Summit is a demonstration of the significant benefits from strong IP rights
and effective enforcement regimes.
This broad range of sponsors is itself an
indication that the protection of IP rights (whether copyrights, patents,
trademarks, or trade secrets) is important to the success of many industries that
span around the globe and benefit consumers worldwide.