The U.S. Patent and Trademark Office (USPTO) today released its third in a series of reports quantifying the contributions of IP-intensive industries to the U.S. economy. The report found that, in 2019, IP accounted for 41% of domestic economic activity and that IP-intensive industries accounted for 63 million jobs, or 44% of all U.S. employment. Direct employment accounted for 47.2 million jobs in 2019, or 33% of total U.S. employment. Indirect employment, which includes jobs created in other industries that depend at least partially on final sales in IP-intensive industries, accounted for an additional 11% of U.S. employment.
Copyright
- Computer Law
- Fair Use
- First Sale Doctrine
- California Court Holds Pinterest’s Display of User-Uploaded Works Near Ads are Protected by DMCA Safe Harbor
- The Emperors’ New Codes: Understanding IP Community Ambivalence Toward Digital Assets
- USTR Suspends Review of Ukraine, Remains Concerned with China in Latest Special 301 Report
- CJEU Upholds 2019 EU Copyright Directive
- Robots and IP: Protecting Faces, Expressions and Vocalizations
Recent Posts
- CAFC Gives Google Second Shot at PTAB in Challenge of Communications Patents
- Policy Shift Against SEP Rights Poses Risks for U.S. Innovation and Undermines Mandate of the ITC
- Mossoff-Barnett Comment on EU Commission’s Call for SEP Evidence Spotlights Misconceptions About FRAND Obligations
- LG’s Recent Infringement Fight Against TCL Could Take Some Tips from DivX’s Approach
- A Tale of Two Googles: Patent System Champion or Crux of the Problem?