Green, IP-Based Jobs: A Pathway to a Strong Middle Class
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Yesterday in Philadelphia, Vice President Joe Biden launched the White House Task Force on Middle Class Working Families with an inaugural discussion on "Green Jobs: A Pathway to a Strong Middle Class." The fact that the Vice President would kick off this important initiative by focusing on green jobs is a clear sign the administration recognizes the potential of new energy technologies to create jobs at all levels of the workforce and revitalize the economy.
Continued investment in green technologies and alternative sources of energy offers one of the most promising approaches to get our economy back on track while reducing carbon emissions. One of the best ways to make sure that happens is to encourage private sector investment in the development of new technologies, which requires protecting intellectual property (IP) rights in the U.S. and abroad.
Strong IP rights encourage and incentivize private sector research and development in advanced technologies by promising a return on investment for inventors’ ideas and efforts. To ensure American entrepreneurs can deliver on the jobs and economic revitalization that the "green revolution" promises, IP rights must be vigorously defended.
If we are truly going to meet the global challenges of tomorrow and create the jobs we need today, protecting IP rights and innovation needs to be a core pillar of the administration’s plan to help middle class Americans and ensure our nation’s lasting competitiveness.