State of Innovation

Patents and Innovation Economics

Pat Choate, Celebrated Economist, Author and Intellectual Property Expert, Joins AIPR Board of Directors

New York, NY, July 9, 2009 – Dr. Pat Choate, a prominent economist, best-selling author, former vice presidential candidate and noted intellectual property expert, has joined the Board of Directors of American Innovators for Patent Reform (AIPR). Dr. Choate, currently director of the Manufacturing Policy Project, a Washington, DC-based policy institute, has thrown his support behind an organization that represents American innovators – inventors, scientists, engineers, researchers and intellectual property service providers – in the ongoing struggle to enact meaningful patent reform.

AIPR gives a voice to an important, but under-represented, constituency in the debate over thePatent Reform Act of 2009 (Senate bill S. 515 and House bill H.R. 1260) that is currently before Congress. A broad coalition of organizations has come out in opposition to this proposed legislation, which instead of reforming the U.S. Patent system − by all measures the most successful patent system in the world − aims to weaken patents. AIPR strongly opposes the Patent Reform Act of 2009.

“Dr. Choate is well known and well respected in the IP community, in business and in Washington,” said Dr. Alexander Poltorak, founder and president of American Innovators for Patent Reform. “Pat’s book, Hot Property: The Stealing of Ideas in an Age of Globalization, presents a powerful argument for strengthening – not weakening – the U.S. patent system. I am delighted to welcome Pat to our Board of Directors and look forward to working with him to defend the future of American innovation.”

Pat Choate is the author of eight books, and has had a distinguished career in economics, government and business. During his career, Dr. Choate was Tennessee’s first Commissioner of Economic and Community Development, he held several positions in the federal government, and he served on several Presidential and Congressional Commissions. Dr. Choate co-founded the Congressional Economic Leadership Institute (CELI) in 1986, a non-partisan organization that briefed Congress weekly on key economic issues, and served as its chair or co-chair for 18 years. During the 1980s, he was vice president of policy for TRW, Inc., and in 1991, he formed the Manufacturing Policy Project.

In 1996, Dr. Choate ran for Vice President on the Reform Party ticket with Ross Perot and drew almost 9% of the popular vote. Dr. Choate hosted two weekly radio programs, “The Week Ahead” from 1994 to 1996 and “The Pat Choate Show” from 1997 to 2000. Dr. Choate holds a B.A. from the University of Texas at Arlington and both a Master’s and a Ph.D. Degree in Economics from the University of Oklahoma. On September 8, 2009, Vintage will release his ninth book, Saving Capitalism: Keeping America Strong, which makes six game-changing recommendations on how to confront the present economic crisis.

“The ‘reform’ that is proposed in the Patent Reform Act of 2009 will do serious damage to the economy in the long run and will cost America millions of jobs,” said Dr. Choate. “AIPR is at the forefront of the fight to save American innovation, and I am very pleased to support it and its initiatives.”

July 13, 2009 - Posted by | Uncategorized

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