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Infographic: IP & THE U.S. ECONOMY

May 2, 2019

IP & THE U.S. ECONOMY (Infographic): 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 _____ Sources: 1 https://www.uspto.gov/sites/default/files/documents/IPandtheUSEconomySept2016.pdf 2 http://www.ipcommission.org/report/IP_Commission_Report_Update_2017.pdf

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TPN - Trade Policy & Negotiations

U.S. Department of State

The Lessons of 1989: Freedom and Our Future