Intellectual property is a critical driver of technological innovation and economic competitiveness — and is at the very heart of the software business, encouraging innovators to invest in research and product development for the benefit of customers and consumers.
One of the most pressing issues technology businesses face today is protecting trade secrets. Behind our popular digital tools lies a vast amount of technology, developed in-house or enhanced by companies, and representing countless hours of research and trial-and-error.
America’s economic success and technology leadership depend on a US regulatory system that supports innovation and US competitiveness. Robust protections for patents, including patents for software innovations, are essential to provide incentives for the next great wave of invention. We support patent reform measures that promote fairness and efficiency and deter abusive practices in patent litigation.
Chief among these is the Defend Trade Secrets Act (S. 1890), bipartisan legislation that would create a uniform, federal standard for trade secret protection and responds to the nature of 21st century innovation.