Intellectual Property-Intensive Industries Contribute $5 Trillion to the US Economy

According to this recent study by the US Patent and Trademark Office and the Economics and Statistics Administration, industries where intellectual property protection plays a pivotal role made up 34.8 percent of GDP in 2010. To determine which industries are “intellectual property-intensive,” the analysis included patent data from 1963 through 2008, trademark data from a recent five-year period, and copyright data from 2009 to calculate the intensity of IP activity for each industry.

Those industries that have a higher-than-mean ratio of patents/trademarks to employees were deemed IP-intensive. The top four patent industries, and their respective patent data, are shown below:

Industry# of PatentsEmployment (1000 jobs)Patent Intensity (patents/1000 jobs)
Computer and peripheral equipment55,416196.1277.5
Communications equipment35,797135.2264.8
Semiconductor and other electronic components50,08871.4111.6
Other computer and electronic products7,744441.3108.5

The top four trademark industries are shown below:

IndustryTrademark Intensity (trademarks/1000 jobs)
Audio & video equipment mfg.82.5
Other miscellaneous manufacturing64.5
Satellite telecommunications35.3
Lessors of nonfinancial intangible assets33.3

The study identified copyright-intensive industries, and then combined the data to determine the 75 top industries in terms of intellectual property utilization. Upon identifying these IP-intensive industries, the study brought forth interesting statistics and trends, such as those demonstrated in the following chart:

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