In Spider-Man 2002, newspaper editor J. Jonah Jameson shouts an iconic line: "Run down to the patent office, copyright the name "Green Goblin." I want a quarter every time someone says it." But here's the thing... that's not how copyrights work. Even smart, engaged people mix up basic IP concepts, and that confusion has real economic consequences.
Corey Salsberg, Vice President and Global Head of IP Affairs at Novartis, joins Bruce Berman to unpack why intellectual property, despite driving over 44 percent of American GDP and a third of the US workforce, remains poorly understood by the public and even most members of Congress. Salsberg traces the disconnect to a lack of education, a communication problem in a soundbite culture, and a tendency to see patents as barricades rather than bridges. He also digs into what AI means for inventorship, why the pharmaceutical patent cliff threatens future medicines, and why human connection still matters in a world of AI generated content. The strongest idea: we already have a great IP story, we just need to tell it better.
KEY TAKEAWAYS
Roughly one third of the American workforce is tied up in IP driven industries, and IP is linked to over 44 percent of US GDP.
Most people, including the large majority of members of Congress, receive little to no education about how patents and copyrights actually work.
The US patent system is written into the Constitution and was the third act passed by the very first Congress.
Only a human being can currently be recognized as an inventor because inventorship requires recognizing and appreciating the significance of what was created, something AI cannot do on its own.
Roughly 90 percent of drug candidates that are scientifically validated still fail in clinical trials, and only 20 to 30 percent of approved medicines ever turn a profit.
Developing a new medicine can cost between two and five billion dollars, which is why patent protection is needed to offset the financial risk of R&D.
A pharmaceutical patent cliff between 2025 and 2030 threatens significant revenue that funds future drug development.
Framing patents as an economic bridge rather than a barricade can help build common ground with people who hold anti-IP views.
Congress passed the Bayh-Dole Act, created the Federal Circuit, and passed the Hatch-Waxman Act in the early 1980s specifically to help the US regain global leadership in innovation.
Everyday products, from Levi's jeans to Eddie Van Halen's guitar equipment, carry an IP story that can make patents and copyrights relatable to non-lawyers.
00:00 Why IP stories go untold 00:46 Introducing Corey Salsberg 01:28 Where the IP disconnect begins 02:16 The historical roots of the patent system 03:19 One third of US jobs tied to IP 04:12 The education gap, even in law school 05:09 The Spider-Man copyright joke 05:42 IP's communication and attention span problem 07:44 Mark Twain's crab quote on patents 08:33 Politicians and the declining IP voice 09:19 IP through four industrial revolutions 10:22 The surprisingly recent age of modern medicine 12:02 What is and isn't patentable 13:29 The Chakrabarty decision and modern biotech 14:28 Gene patents and the ACLU case 15:17 AI, inventorship, and who owns a patent 17:44 Why AI cannot legally be an inventor 19:11 Patents as a bridge, not a barricade 21:18 Drug pricing is not an IP issue 22:35 The multi-billion dollar cost of a new medicine 23:47 Aspirin, antibiotics, and early pharma patents 24:19 Why most medicines never become profitable 25:38 AI, R&D efficiency, and future drug possibilities 27:28 Federal research cuts and the academia gap 29:41 Private funding and its risks for science 30:12 Why human connection still matters 32:09 Corey's father and his path into patent law 34:10 Do C-suites really understand IP? 36:17 IP champions among industry CEOs 38:03 What's happening with IP reform in Congress 40:38 How the US became a pharma innovation leader 43:19 Teaching IP as part of general education 45:33 The story behind Levi's rivets and jeans 46:29 Eddie Van Halen's guitar patents 48:04 AI is turning everyone into an IP creator 49:08 Taylor Swift, the NFL, and IP advocacy 49:30 Dolly Parton's rights of publicity 50:02 Closing thoughts and what's next
Understanding IP Matters is brought to you by the nonprofit Center for Intellectual Property Understanding (CIPU) with generous support from its partners and sponsors. The podcast provides leading innovators and experts the space to share their IP stories.
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