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Senate Majority Leader Chuck Schumer (D-NY) filed the United States Innovation and Competition Act of 2021 as a substitute amendment to the Endless Frontier Act, thereby bringing that bill together with a number of other bipartisan bills, including the Inventor Diversity for Economic Advancement (IDEA) Act, which passed out of the Senate Judiciary Committee last month.
The IDEA Act is aimed at improving the U.S.
Patent and Trademark Office’s (USPTO) demographic data-gathering
efforts to better understand the rates at which women, people of color,
and lower-income individuals are inventing and patenting. The Innovation
and Competition act is primarily aimed at out-competing China in
critical technology sectors.
The vote on the IDEA Act, S.Amdt.
1517, introduced by Senator Thom Tillis (R-NC), was 71-27 in favor.
Speaking on the Senate Floor about the bill yesterday, Senator Mazie
Hirono (D-HI) said that closing the patent gap for women and minorities
could “turbocharge the U.S. economy.” While the IDEA Act would not solve
any of the problems with diversity in the patent system, Hirono
explained, “it’s a critical first step. We need to have the data on
which to make decisions.”
Speaking after Hirono, Tillis added:
“We’ve heard endless reports on how China is churning out patents. This
[bill] allows people to submit information we can use to create more IP,
more patents and to get more people engaged in the patent and IP
system.”
The IDEA Act was first presented in July 2019, following
Representative Steve Chabot’s (R-OH) introduction of the Study of
Underrepresented Classes Chasing Engineering and Science (SUCCESS) Act
in 2018. That bill asked the USPTO, “in consultation with the
Administrator of the Small Business Administration, to study and provide
recommendations to promote the participation of women, minorities, and
veterans in entrepreneurship activities and the patent system.” A key
finding of that study was that there simply isn’t enough publicly
available data to guide and support legislation that will foster
inclusive innovation. This inspired the IDEA Act.
The bill would
direct the USPTO “to collect demographic data – including gender, race,
military or veteran status, and income level, among others – from patent
applicants on a voluntary basis.” The latest version of the bill would
also require the USPTO “to issue reports on the data collected and make
the data available to the public, thereby allowing outside researchers
to conduct their own analyses and offer insights into the various patent
gaps in our society.”
In the Senate Judiciary Committee hearing
last month, there was some controversy over whether an amendment was
needed to ensure the voluntary nature of the collection process.
However, the bill was passed without such an amendment.
Invent
Together’s Executive Director Holly Fechner applauded yesterday’s vote
on the amendment and said: “Diversifying who invents is a crucial step
toward ensuring that we use the full measure of our talent to compete
globally.”
The organization said that including the bill in the Innovation and Competition Act increases the likelihood that the legislation will become law.
Source:www.ipwatchdog.com
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