Washington, D.C. — House Judiciary Committee Chairman Bob Goodlatte (R-Va.) released the following statement marking World Intellectual Property (IP) Day.

“World Intellectual Property Day is a day to recognize the significant economic and social impact that intellectual property has had on our nation.

“Our Founding Fathers realized that intellectual property protections were crucial to ensure that America would become the world’s leader in innovation and creativity. Safeguarded from theft by patent, trade secrets, copyright and trademark laws, intellectual property industries are responsible for creating millions of high-skilled, high-paying U.S. jobs and contributing billions to our economy. Their impact on society is just as significant.

“The House Judiciary Committee continues to work tirelessly to strengthen the protections of American intellectual property. Just yesterday, the House unanimously passed the bipartisan Music Modernization Act, bringing antiquated music laws into the 21st century. We remain committed to ensuring that our laws promote creativity and innovation in the digital age.”

Background: April 26, 2018 marks the 18th Annual World IP Day. This day was designated by the member nations of the World Intellectual Property Organization in order to raise awareness about how patents, copyrights, and trademarks impact daily life, to raise understanding of how protecting IP rights helps promote creativity and innovation, to celebrate the contributions of creators and innovators to societies around the world, and to encourage respect for the IP rights of others.

Chairman Goodlatte will deliver remarks tonight at the U.S. Patent and Trademark Office’s World IP Day celebration.