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Ms. ADAMS. Mr. Speaker, I want to thank the gentleman for yielding.
Mr. Speaker, I rise in support of H.R. 6758, the SUCCESS Act.
As the world's leader for innovation and entrepreneurship, the United States has historically been a breeding ground for the best ideas and creative approaches that improve our quality of life and solve some of the world's most complex problems. However, currently, women, people of color, and low-income communities hold significantly fewer patents than other demographics. A recent study even showed that children born to parents in the top 1 percent of income are 10 times more likely to become an innovator and hold a patent than those born into low-income families. Innovation should not be a skill set only available to the superrich or those with the most resources.
The SUCCESS Act is an important first step to better understanding why the patent gaps exist. It will take a collective effort to create a more equitable system. With data collected via the SUCCESS Act, timely research and the number of programs across the Nation addressing underrepresentation, the Federal Government can better promote policies that increase the opportunity for those underrepresented groups to successfully qualify.
I strongly believe that it is our duty to ensure that all people have an equal opportunity to compete for patents and participate in the innovation economy. The future of American innovation is diverse, and the SUCCESS Act will help us begin to close the gap in patenting and ensure that all innovators, creatives, and patent seekers have a seat at the table.
Mr. Speaker, I urge Members to support this legislation.
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