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"  Commerce Under Secretary Highlights Indiana’s Innovation and Employment Terre Haute event focuses on U.S. jobs"


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  Commerce Under Secretary Highlights Indiana’s Innovation and Employment Terre Haute event focuses on U.S. jobs

Terre Haute, Ind. -- Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO) Jon Dudas, joined by Congressman John Hostettler (IN-8 th ), today told a group of Sony DADC officials and workers that intellectual property theft costs U.S. businesses approximately $250 billion annually and hundreds of thousands of jobs. He also applauded Sony--a worldwide leader in innovation—for their commitment to protect its most important intellectual capital.

“Most of the jobs in our economy are related to intellectual property in some form,” noted Under Secretary Dudas. “Protecting intellectual property against piracy and counterfeiting is a key part of economic growth.”

Today, the Labor Department announced that the economy gained 121,000 new jobs in the p
 

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Daily Terms

Trade Secret

Definition:
A trade secret includes proprietary knowledge and other confidential information that companies keep secret to give them an advantage over their competitors.

Opposition Proceeding

Definition:
A proceeding before the Trademark Trial and Appeal Board in which the plaintiff seeks to prevent the issuance of a registration of a mark.

Domestic Representative

Definition:
A person residing within the United States who is appointed by a patentee or assignee of a trademark application or registration that does not reside in or is not domiciled within the United States.

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