The Intangible Economy: Realizing Wealth from Innovation, IP and Trade

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In our latest edition of IPWatchdog Unleashed, host Gene Quinn welcomes back Patrick Kilbride, known to many throughout the industry for serving as the Senior Executive Vice President at the United States Chamber of Commerce's Global Innovation Policy Center for 15 years. Drawing from his extensive experience across corporate, university, and industry association sectors, Kilbride discusses the critical components required for a thriving innovation ecosystem and discusses the intricate balance needed between production capabilities and policy frameworks.

About a year ago Kilbride, a veteran in the trade and intellectual property policy communities, founded Kilbride Public Affairs, where he provides public policy advise, advocacy and education, with a focus on helping clients within the innovation ecosystem as they work to navigate the economics of innovation and intellectual property.

Kilbride recounted his transformative journey from skepticism about intellectual property—often regarded as a hindrance in trade agreements during his time as a U.S. Trade Representative during the George W. Bush administration—to becoming a staunch advocate for IP.  He argues for a system where novel work is protected by law, honoring the American founders' vision that property rights should be tied to labor.

Kilbride’s vision is clear: fostering an environment where innovation thrives and where the United States can lead to the leveraging intangible assets, including those assets that general accounting principles refuse to recognize. 

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