Infographic: Intellectual Property & The U.S. Economy


IP & THE U.S. ECONOMY (Full-size image)

Date: 05/09/2017 Description: This infographic displays the relationship between intellectual property and the U.S. Economy. Strong IPR protection and enforcement are essential to creating jobs and promoting economic prosperity; opening new markets for U.S. goods and services; and fostering investment in innovation and development. - State Dept Image

 


IP & THE U.S. ECONOMY (text version):

Strong IPR protection and enforcement are essential to creating jobs and promoting economic prosperity; opening new markets for U.S. goods and services; and fostering investment in innovation and development.

IP-Intensive Industries Account For…1

  • 38% of GDP
  • 52% of merchandise exports
  • 27.9 million jobs
  • 46% wage premiums

IP Crime’s Annual Cost to the U.S. Economy…2

  • $180 billion from theft of trade secrets
  • $18 billion from pirated U.S. software
  • $29 billion in displaced legitimate sales due to counterfeit and pirated goods

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Sources:

1 https://www.uspto.gov/sites/default/files/documents/IPandtheUSEconomySept2016.pdf
2 http://www.ipcommission.org/report/IP_Commission_Report_Update_2017.pdf