While Congress pushes forward with principal administrative bundles related to investments in research and development (R&D) and to make the United States so strong that it can compete with China, we should likewise approach continuous policymaking with a similar critical methodology. Let’s talk about patents or intellectual property.
Steps taken by the Department of Justice regarding this matter are becoming the reason to lose a grip in geopolitical and technological (Geotech) competition, hence threatening the technology leadership of the United States.
Those policies related to Geotech are regarded as beneficial, which are made so that they prove to protect public safety and promote monetary success. Given the extent and significance of this competition, an organized policymaking method must include estimating economic, technological, political, and public safety interests.
Such an organized and competitive mentality ought to be used not only to make new policies or laws but this approach should also be used if there would be a need to bring about changes in existing laws or policies. Unsuccessful policymaking on something as essential and significant as intellectual property could ultimately destabilize the United States leader in technology.
Leadership in these technologies can be ended with no difficulty, but these technologies will become the backbone for growth in the digital economy of the United States in the future. We hope that you’ll find this news interesting. Well, if you still want to know more about the upcoming or latest updates then keep in contact with the hiltonian and explore the new world!