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Protecting IP for Economic Growth & Job Creation

Discover the significant economic impact of protecting intellectual property (IP). This report highlights the value of IP-intensive industries and their contribution to GDP, employment, and exports. Learn why protecting IP is crucial for economic growth and job creation.

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Protecting IP for Economic Growth & Job Creation

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  1. www.ipi.orgdownload our mobile app at m.ipi.org 9th Annual World IP Day Policy Forum April 24, 2014

  2. “Classic” IP Industries & Trade

  3. Value of U.S. Exports, 2012 57.7% $891.9 bil. U.S. Dept. of Commerce figures

  4. Of COURSE Protecting IP Is In Our Self Interest! • Department of Commerce, “Intellectual Property and the U.S. Economy: Industries in Focus” (April 2012, based on 2010 data) • Entire U.S. economy relies on some form of IP • 75 IP-intensive industries directly account for 27.1 million jobs, or 18.8% of all employment • IP-intensive industries indirectly support 12.9 million additional supply chain jobs • IP-intensive direct employment & supply chain = 40 million jobs or 27.7% of total employment • IP-intensive industries accounted for $5.06 trillion in value added, or 34.8% of US GDP • IP-intensive industries accounted for 60.7 percent of total U.S. merchandise exports. • NDP Analytics, “The Economic Benefits of Intellectual Property Rights in the Trans-Pacific Partnership” (December 2013) • Existing FTAs have boosted IP-intensive exports by 10.9 percent • Estimates TPP will increase manufacturing exports by $26 billion and create as many as 48,000 additional jobs, 2/3rds of which would be in IP-intensive industries • Estimates partner countries could see as much as $27 billion in additional sales and 68,240 new jobs. www.ipi.org

  5. www.ipi.orgdownload our mobile app at m.ipi.org 9th Annual World IP Day Policy Forum April 24, 2014

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