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Commerce Issues Report on Role of Patent Reform in Supporting Innovation and Job Creation

Submitted on April 20, 2010 - 12:00am
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Reforming America’s patent system will accelerate economic growth and job creation, and expand America’s ability to innovate, according to a new report released today by the U.S. Department of Commerce. The paper, titled “Patent Reform—Unleashing Innovation, Promoting Economic Growth and Producing High-Paying Jobs,” was authored by the Commerce Department’s Chief Economist Mark Doms, the United States Patent and Trademark Office’s (USPTO’s) Chief Economist Stuart Graham and USPTO’s Administrator for External Affairs Arti Rai.

New Commerce Report Shows Growing Exports Key to Job Creation

Submitted on April 15, 2010 - 12:00am
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Washington, DC – A U.S. Department of Commerce report released today confirms the importance of exports to the U.S. economy and the increasingly globalized marketplace. According to Exports Support American Jobs, in 2008, exports accounted for a record 12.7 percent of U.S. gross domestic product (GDP), and during a period of relatively flat job growth across the economy, supported a record number of jobs – more than 10 million.