Intellectual Property

Each year the World Bank publishes a study about how each country ranks when it comes to competitiveness in the “knowledge economy.” A knowledge economy, broadly, is a nation’s ability to compete globally with intellectual capital. In a world where this knowledge currency is becoming more widely circulated, a nation’s ability to compete with its ideas becomes ever more valuable.

While CSG supports efforts by Congress to promote economic growth by safeguarding intellectual property, it has not endorsed either the Stop Online Piracy Act (SOPA) or the Protect Intellectual Property Act (PIPA) currently being considered in Congress. 

NOW, THEREFORE BE IT RESOLVED, that The Council of State Governments (CSG) requests the federal government to pursue opportunities to reduce intellectual property theft through federal and state enforcement efforts directed at rogue websites which operate fraudulently and harm American businesses and consumers.

Congress is scheduled to reconvene for what is sure to be a historically busy fall session next week. With the creation of the Joint Select Committee on Deficit Reduction, and the president set to address a joint session of Congress this Thursday to lay out his plan for economic recovery, the next few weeks may set the political tenor for the months, and perhaps years, to come.