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He told a milling crowd at the RNC that business owners need a president who will protect patented inventions, guard U.S. currency and open up new markets for American products.
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The crucial question is how to protect patents while also expanding access to drugs.
The bill approved today would allow a single 30-month delay, to protect patents listed at the time a brand-name product is approved by the Food and Drug Administration.
He had hoped America Invents would address the issue of so-called patent trolls, companies and individuals that sue to protect patents even if they are not using them.
Eventually, though, there will have to be a better global system to protect patents.
But it could cost much more money in trade sanctions by the United States, which vigorously protects patents.
It says protecting patent rights fully is vital to preserve a commercial incentive to develop and refine new products.
Mobile phone companies, as I argue in the post below, are mired in a stew of lawsuits, protecting patents that are often either inscrutable or mundane.
Intellectual Ventures, one of the largest companies that specializes in owning and protecting patents, said it believes the provisions requiring more disclosure on ownership of a patent are "misguided and merit further discussion".
On Wednesday, a House Energy and Commerce subcommittee will hold a hearing on the future of video; and a House Judiciary subcommittee will conduct a hearing about protecting patents, trade secrets and market access.
Dr. Smalley attends most Monday morning staff meetings, is deeply involved in filing and protecting patents and occasionally delivers talks to the research groups of potential customers like the International Business Machines Corporation, according to Dr. Robert Gower, Carbon Nanotechnologies' chief executive.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com