IPR-intensive industries and economic performance in the European Union News

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A new study carried out by the European Observatory on Infringements of Intellectual Property Rights and the European Patent Office provide an updated assessment of the contribution to the economies of the European Union (EU) from industries that make intensive use of the different types of intellectual property rights (IPR). The study confirms the economic benefits for Europe of trade marks, designs, patents, copyright, geographical indications and plant variety rights. As an update of the study released in 2013, it shows that:

  • 28% of all jobs in the EU (60 million) can be directly attributed to IPR-intensive industries;
  • 38% of all employment in the EU (82 million) can be attributed, directly and indirectly, to IPR-intensive industries;
  • IPR-intensive industries pay significantly higher wages than other industries, with a wage premium of 46%;
  • 42% of the total economic activity (GDP) in the EU is attributable to IPR-intensive industries, worth EUR 5.7 trillion;
  • IPR-intensive industries account for about 90% of EU trade with the rest of the world, generating a trade surplus for the EU of EUR 96 billion.

Further information along with the full text of the report is available here.