Hill Happenings
Tracking the Hill's briefings, receptions, workshops, and more.
DSC_0170.JPG

List

Events

Tracking the Hill's briefings, luncheons, receptions, and more.
Filter by tags: Career Social | After 5 Food

Back to All Events

Invalidated: The Shredding of the U.S. Patent System (Screening + Reception)

  • The Heritage Foundation 214 Massachusetts Avenue Northeast Washington, DC, 20002 United States (map)

When father of eight, Josh Malone, invents a genius way to fill 100 water balloons in 60 seconds, his invention "Bunch O Balloons" becomes an overnight success on Kickstarter and an international viral hit. Scrambling to get his idea to market and bring financial security to his family, Josh applies for a U.S. Patent. Suddenly, his plans of success are blindsided when his genius idea is stolen by a big company before he can make his first dime.

Thrust into a battle to save his invention he uncovers the shocking truth that our patent system is weakening, property rights are at risk and American Innovation is dying. With theft of U.S. intellectual property by China topping $600 billion per year, other countries are profiting off the ideas and labor of American inventors. Big tech companies are finding it easier and cheaper to infringe on patents rather than pay the patent owners. With an administrative tribunal pulling patents back from inventors, there is no safe place to bring an invention to the marketplace in America and our innovation is going overseas.

The United States once led the world in new medications, new technology, and new ideas. American inventors and their inventions touched the lives of people in every country, of every race and every language. But our weakening Patent system is invalidating their property rights – and with it, their incentive to create. Building something and owning it is the American Dream, but without a strong patent system, the American Dream will be invalidated!

5:00 p.m. Reception | 6:00 p.m. Movie Screening | 7:00 p.m. Panel