News & Events

News & Events

12.29.2014

Inventive Advantage: Many Question Patent Protection, but It Does Enable Job Creation

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Lane Powell Counsel to the Firm Kevin Jablonski and Bryan Santarelli co-authored an article in the January 2015 edition of Seattle Business magazine titled “Inventive Advantage: Many Question Patent Protection, but It Does Enable Job Creation.” In the article, Jablonski and Santarelli discussed patents and their advantages, including their potential to create jobs.

From such criticism, some have concluded that patents are an economic burden on society and that government should limit the types of inventions that patents can cover, or that it should eliminate patents altogether. However, consider also that patents can create jobs and increase the level of success of an entity that holds patents. In fact, you may owe your level of compensation and, indeed, your very job, to patents.