As the 4th Industrial Revolution progresses, the Hoover Institution Working Group on Intellectual Property, Innovation, and Prosperity (Hoover IP²) is looking towards a new horizon of patent policy that is tied to a crucial component of this technological revolution: the Internet of Things (IoT). The IoT will be the focus of Hoover IP²’s upcoming conference, the “Market for Regulation in the Internet of Things,” to take place January 10–11, 2019.