Fining Patent Owners Will Upend American Innovation
Recently, a proposal has emerged for fining patent owners—essentially charging inventors based on how much their ideas are “worth.” This proposal could have serious adverse consequences for the American economy and American jobs, including disrupting the system that has helped the U.S. become a world leader in innovation and economic growth.
America’s Innovation System is Working
The United States is the global leader in innovation, with a track record of groundbreaking advancements that have transformed industries and improved millions of lives. From life-saving medicines to next-generation semiconductors, American ingenuity has driven progress in medicine, technology, and energy. This success is no accident—it’s the result of a robust innovation ecosystem, based on strong and stable protections for property rights that rewards risk-taking.
Fining Patent Owners is Unfeasible
A proposal to fine patent owners based on a "valuation" of their patents threatens to upend this thriving ecosystem.
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John Manchester & Brad Watts of the US Chamber of Commerce
- August 18, 2025