Intellectual Property (IP) and the U.S. Economy

The Commerce Department released a comprehensive report revealing that in 2010 IP-intensive industries had a five trillion dollar impact on the American economy and created 40 million jobs. Entitled "Intellectual Property and the U.S. Economy: Industries in Focus," the report also found that between 2010 and 2011, IP-intensive industries showed a 1.6 percent increase in direct employment versus a 1.0 percent increase in non-IP-intensive industries. The full report is available online at http://www.uspto.gov/news/publications/IP_Report_March_2012.pdf.