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IMPACT/JOBS
IP supports business and generates value
30%
IP-intensive industries directly and indirectly supported 45.5 million jobs, making up 30% of all employment
Digital theft related to copyright has a direct negative impact on creative industries and the professionals who work in them. The cost is at least 290,000 jobs and $29 billion in lost revenue in the film and television industry alone.
Intellectual Property Creates and Supports High-Paying Jobs
IP-intensive industries employ over 45 million Americans, and hundreds of millions of people worldwide. The average worker in an IP-intensive industry earned about 46% more than his counterpart in a non-IP industry.
Intellectual Property Drives Economic Growth and Competitiveness
IP-intensive industries account for 38.2% of total U.S. GDP. IP accounts for 52% of all U.S. merchandise exports or about $842 billion.