Guest blog post by Eric Kelly, President and CEO of Overland Storage
As one of the driving forces of technological innovation in the United States, Silicon Valley companies continue to create new products and opportunities that advanceall aspects of our lives. The ability to create intellectual property is critical for companies as they develop new products and protect existing assets. Last year alone, Californians made up more than a quarter of the 108,626 patents issued to U.S. inventors.
Recently the Commerce Department announced a plan to put a satellite Patent Office in Silicon Valley. As the President and CEO of a global provider of leading data management and data protection solutions, I support this move, as it brings increased resources to streamline the patent process and creating a cycle of job growth that is good for the overall US economy.
I also believe that it is critical that the United States retain our manufacturing base to further protect the intellectual assets of our innovators. The impact of piracy and counterfeiting not only affects company sales, exports and profits, it can threaten the existence of companies that spent years and millions of dollars developing and bringing technology to market.
The world is changing at lightning speed, and Silicon Valley continues to be a force in driving change and enabling companies and individuals adapt to change. We look forward to working with Acting Secretary Rebecca Blank and the entire Commerce Department team in their efforts to ensure that companies can remain agile, innovative and competitive in today's evolving marketplace.