Passing the Bipartisan Innovation Act, Addressing Competitive Issues with Big Tech, and International Considerations for a Digital Dollar


This week in Washington IP news, both houses of Congress remain silent during regular business hours. The Information Technology and Innovation Foundation is kicking off the week with an event exploring the prospects for congressional passage of the bipartisan Innovation Act. The Center for Strategic and International Studies will host events to discuss the case for and against the United States’ adoption of a centralized digital currency, as well as efforts between the United States and South Korea to collaborate in critical technology areas. At the Bipartisan Policy Center, competition and antitrust experts will also debate the effectiveness of current legislative proposals in curbing the market power of Big Tech.

tuesday 31 may

Information Technology and Innovation Foundation

Why the Bipartisan Innovation Act is Crucial to US National Security

At 10:30 a.m. on Tuesday, online video webinar.

The bipartisan Innovation Act is currently being drafted at a conference with members of both houses of Congress to reconcile the differences between the US Senate Innovation and Competition Act and the America COMPETES Act. of the House of Representatives. In early May, President Biden released an information sheet urging the passage of the bipartisan Innovation Act, which would support fundamental research in emerging technology areas such as additive manufacturing and ensure more resilient supply chains for semiconductors and other technology components critical to the American economy. This event will include a discussion of the national security implications of the Bipartisan Innovation Act with a panel including Michael Brown, Director, Defense Innovation Unit, US Department of Defense; Arthur Herman, Principal Investigator, Hudson Institute; John (Jack) NT Shanahan, Lieutenant General (Retired), US Air Force; and moderated by Stephen Ezell, Vice President, Global Innovation Policy, ITIF.

US Patent and Trademark Office

Intellectual Property 101

At 2:00 p.m. on Tuesday, online video webinar.

This USPTO workshop is designed to teach those who have no knowledge of basic intellectual property concepts in intellectual property rights and protection that it is important that business owners and entrepreneurs understand in order to efficiently move from idea to marketable product. Topics will include types of intellectual property, why intellectual property should be protected, and mechanisms for implementing intellectual property.

US Patent and Trademark Office

Intellectual Property Webinar for K-12 Teachers

At 6:00 p.m. on Tuesday, online video webinar.

On Tuesday evening, the USPTO will host a workshop for K-12 educators who want to introduce intellectual property and innovation topics into their school curriculum. Educators will learn forms of intellectual property, including patents, trademarks, copyrights, and trade secrets, as well as classroom activities for a STEM/STEAM curriculum.

Wednesday, June 1

Center for Strategic and International Studies

A digital dollar? International considerations

At 9:00 a.m. Wednesday at CSIS Headquarters, 1616 Rhode Island Ave. NW, Washington, DC 20036.

The growing acceptance of cryptocurrencies as a digital payment method has led financial policymakers in the United States and other countries to consider the potential adoption of central bank digital currencies (CBDCs). However, at the end of May, the American Banking Association submitted testimony to Congress arguing that there is currently no need to adopt a CBDC in the US financial system as there is no specific financial problem or pressing need addressed by these digital currencies. This event will feature discussions on a recent white paper published by CSIS on options currently available for CBDCs and stablecoins with a panel including Gerard DiPippo, Senior Fellow, Economics Program, CSIS; Fariborz Ghadar, Emeritus Researcher and Senior Advisor, CSIS; Matthew P. Goodman, Senior Vice President for Economics, CSIS; Steven B. Kamin, Senior Fellow (non-resident), Economics Program, CSIS; and Miguel Díaz, Head of Toronto Center, BRI and former Managing Director of Payments Systems and Market Infrastructure, Bank of Mexico.

Bipartisan Policy Center

Big Tech Isn’t Going Away: Next Steps for Competition Policy

At 11:00 a.m. on June 1, online video webinar.

Capitol Hill lawmakers have attempted to target the outsized market power of Big Tech companies by drafting legislation amending current law, particularly U.S. antitrust law, to address competition concerns in the tech industry. However, as this first event of the Bipartisan Policy Center’s new program focused on tech competition highlights, market conditions leading to dominance by Big Tech companies are likely to reemerge even if Congress acts on bills aimed at limiting the power of Big Tech. This event will feature a discussion on the effectiveness of interoperability and data portability as a means to promote competition in the technology industry with a panel including Dr. Diana L. Moss, President of the American Antitrust Institute; Dr. Mark Jamison, Director and Professor Gunther, Center for Utilities Research, University of Florida; Herbert Hovenkamp, ​​James G. Dinan University Professor, University of Pennsylvania Carey School of Law; Sumit Sharma, Principal Researcher, Technology Competition, Consumer Reports; and moderated by John Soroushian, Associate Director, BPC.

US Patent and Trademark Office

Intellectual Property Basics and Useful Resources

At 12:00 p.m. on Wednesday, online video webinar.

This USPTO workshop is designed to teach business owners and entrepreneurs the basics of intellectual property protection and to inform them of the resources available at the USPTO for obtaining intellectual property rights. Topics covered during this workshop include an overview of forms of intellectual property, why entrepreneurs should protect their intellectual property, and resources available at the USPTO and other federal agencies.

Thursday, June 2

Center for Strategic and International Studies

The Capital Cable #49: US-Korea Tech Cooperation

At 9:30 a.m. on Thursday, online video webinar.

In late May, President Biden visited South Korea where he and Korean President Yoon Suk Yeol both engaged to deepen relations between these two countries, particularly in terms of collaboration on emerging technologies and cybersecurity. Leaders of the two countries expect closer collaboration to yield benefits in several areas of innovation, including quantum technology, biotechnology, artificial intelligence, electric vehicle batteries, and more. This event, part of CSIS’s The Capital Cable series, will feature a panel discussion including Andrew Grotto, William J. Perry International Security Fellow, Cyber ​​Policy Center, Research Fellow, Hoover Institution, Stanford University and former Director Principal of Cybersecurity Policy, White House; Sue Mi Terry, Asia Program Director and Center for Korean History and Public Policy, Hyundai Motor-Korea Foundation, Wilson Center; Mark Lippert, Senior Advisor (non-resident), Chairman of Korea, CSIS; and moderated by Victor Cha, Senior Vice President and Korea President, CSIS.

Hudson Institute

Framing next-gen air dominance around software for operational advantage

At 12:00 p.m. on Thursday, online video webinar.

In recent years, the US Air Force and US Navy have collaborated on the development of Next Generation Air Dominant Fighter (NGAD) aircraft to replace the current line of air fighters like the F-22, which was introduced almost 20 years ago. In recent weeks, supervisors of the NGAD program have reported success in the development of an F/A-XX fighter that will play a vital role in the NGAD, but software systems and other innovative aspects of these manned and unmanned fighters are expected to drive costs up to hundreds of millions of dollars per plane. This event will include a discussion on technology acquisitions for military weapons systems with a panel including General Mike Holmes, Senior Advisor to the U.S. Air Force (Ret.), The Roosevelt Group and former Commander of the U.S. Air Force Air Combat Command; Dr. Tim Grayson, Air Force Special Assistant and former Director of DARPA’s Office of Strategic Technologies; Dr. Dan Platt, Senior Fellow, Center for Defense Concepts and Technology, Hudson Institute; and moderated by Bryan Clark, Senior Fellow and Director, Center for Defense Concepts and Technology, Hudson Institute.


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