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U.S. Government Urges Texas Businesses To Protect Their Intellectual Property From Theft Overseas


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U.S. Government Urges Texas Businesses To Protect Their Intellectual Property From Theft Overseas

Austin, Texas – U. S. Deputy Under Secretary of Commerce for Intellectual Property Steven Pinkos and U.S. Representative Lamar Smith (TX-21) today warned an audience of Austin small-businessmen and -women that they are increasingly vulnerable to overseas intellectual property theft -- even if they do not export -- and urged them to consider protective action.

In remarks before the “Conference on the Global Intellectual Property Marketplace,” sponsored by the Commerce Department’s U.S. Patent and Trademark Office (USPTO), Pinkos and Smith urged the audience to consider intellectual property protection in the United States and overseas a priority business decision. Pinkos noted that 90 percent of the companies exporting goods from Texas in 2002 were small- and medium-sized firms. Pinkos referred the audience to the USPTO’s new Web site, fo
 

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Daily Terms

Dilution

Definition:
A type of infringement of a trademark in which the defendant's use, while not causing likelihood of confusion, tarnishes the image or blurs the distinctiveness of the owner's mark.

Contributory Infringement

Definition:
Indirect infringement of intellectual property rights in which one person contributes to the direct act of infringement of another.

Trade Secret

Definition:
A trade secret includes proprietary knowledge and other confidential information that companies keep secret to give them an advantage over their competitors.

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