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In this episode of IPWatchdog Unleashed, Gene Quinn and Dana Colarulli delve into the intricate world of patent policy and politics, discussing laws, the dynamic environment at the U.S. Patent and Trademark Office (USPTO). Dana, a partner at ACG Advocacy and the Executive Director of LES International (LESI), shares his extensive experience, from his time at the USPTO to his insights on high-growth technology businesses. They address critical topics such as the recent shake-ups at the USPTO, the controversial 'patent tax' proposal, and the role of government in fostering innovation. The conversation also highlights the importance of predictable IP assets, the challenges of effective patent valuation, and international collaboration and education to support small and medium size enterprises (SMEs). Join Gene and Dana for an in-depth look at the current state and future of patents, innovation, and what is happening inside the beltway. 00:00 Introduction to IPWatchdog Unleashed 00:49 Current State of Affairs at the Patent Office 05:15 Debating the Patent Tax Proposal 08:31 The Role of Government in Innovation 10:55 Dissecting the Various Floated Proposals 17:38 Communications: Winning the Linguistic High Ground 21:47 Good, Bad or Ugly? What does John Squires Inherit at PTO 29:56 The PTO Getting Swept Up in Smaller Government Politics 33:13 Defining What "Innovation" Means 36:03 IP is an Asset.The Role of IP in Business. 42:10 EPO and LESI Educating SMEs 48:26 The History of LESI