In "Why the US Patent Office is a National Problem" Fast Company published an excerpt from the recently published book “Great Again” on June 9, 2010.
This Fast Company Leadership briefing focuses upon the importance of a well-functioning patent office and patent systems for entrepreneurs, technology companies (and their investors) and economic development. "It is the intellectual property that [provides] the basis for investors to place their resources at risk," wrote Mario Cardullo, counselor for technology and entrepreneurship within the International Trade Administration of the U.S. Department of Commerce.”
The article further discusses the difference between merely having IP and developing well-positioned, strong, high-quality IP rights, including references to IPVision’s analytics into the correlation between patent quality and patent positions and venture capital success.