45 percent of the patents that are filed in the U.S. Patent Office are filed by foreign inventors, and we do not have the opportunity to see in the English language what is published by those folks. Second, no one has addressed the whole point that we have made that these inventors get the capital to bring their product to market sooner, when you publish sooner, so that entrepreneurs who invest know sooner that this is the investment they should put their money behind because that is the person who is going to be getting the patent.
Bob Goodlatte: “45 percent of the patents that are filed in the U.S. Patent Office are filed by foreign inventors, and we do not have…”
On the recordApril 23, 1997
Source
govinfo.govEditor's note · Context
Discussing the impact of foreign patents and publication on U.S. innovation and investment.
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