25.09.2019

The EUIPO and EPO have released the third edition of their “Intellectual property rights intensive industries and economic performance in the European Union” study. This joint EUIPO - EPO study is the third in a series of economic studies revealing the contribution of IPR-intensive industries which are making an above-average use of trade marks, designs, patents, copyright, geographical indications and plant variety rights to economic growth and employment in the EU. The Study considers the period 2014-16.

 

Here are some of the relevant findings:

 

  • IPR-intensive industries account for most of the EU's trade in goods and services with the other regions of the world (81%).
  • The EU as a whole had an overall trade surplus in IPR-intensive industries of approximately EUR 182 billion in 2016, counterbalancing a small deficit in non-IPR intensive trade.
  • Industries making intensive use of patents employ some 24 million people and generate 16% of the EU’s total GDP.
  • Design-intensive industries account for 30.7 million direct jobs and contribute 16.2% of the EU’s total GDP. Exports in this sector generated a trade surplus of over EUR 66 billion in 2016.
  • Industries that make intensive use of trade marks contribute 37% to the EU’s GDP and support 46.7 million jobs. Those industries also pay wages that are 48% higher than industries that do not use IPR.

 

A copy of the Study, the executive summary and infographics, can be accessed via the following webpage

Date: 25.09.2019

Source: BUSINESSEUROPE

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