Got IP? Intellectual Property supports 45 million higher-wage jobs

by John Roberts on October 14, 2016

About one in every three jobs in the workforce is supported by patents, copyrights, or trademarks, according to a new Department of Commerce report.

A U.S. Chamber study shows that workers in IP-intensive industries are paid about 30% higher wages than their counterparts in non-IP-intensive industries.

The numbers also show how IP works for America:

IP-intensive industries contribute more than $6 trillion dollars to, or 38.2 percent of, the U.S. gross domestic product (GDP).

And IP increases American exports: total merchandise exports of IP-intensive industries increased to $842 billion.

Follow the Jobs | Global Intellectual Property Center

Follow the Jobs | Global Intellectual Property Center

The U.S. Chamber’s Global Intellectual Property Center (GIPC) is leading a worldwide effort to champion intellec…

John Roberts

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www.indianapatentlawyer.com

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