Today, the U.S. economy is largely driven by intangible innovations. From content creators on TikTok to the metaverse and artificial intelligence, the value that is being generated by individuals and companies does not exist in a fixed form. Who will end up profiting from it? Those who develop a keen understanding of how to use intellectual property to establish and maintain ownership over what they invent and build have a distinct advantage.
Unfortunately, a recent survey confirms what everyone who believes in the patent system already suspects: Most people do not understand what intellectual property is, let alone how to use it to start and grow a