Intellectual Property – A Solution to America’s Challenges

By Chris Connelly

Today, the GIPC is pleased to unveil our newest video, highlighting the importance of intellectual property to America’s job growth and economic prosperity. This video showcases the important facts about IP, such as—IP-dependent industries represent 40% of America's economic growth, account for more than $5 trillion of the gross domestic product, and comprise more than half of all exports. Additionally, 18 million Americans work in IP-intensive industries. These jobs often pay better and are expected to grow faster over the next decade than the national average.

The video also makes clear the need for enhanced IP protection and enforcement measures. As Internet speed and access expands, and with it accelerating the pace of online counterfeiting and piracy—the need to protect the ideas that drive the American spirit of innovation and entrepreneurism is more important than ever before.

Out of every recession in America’s history, new ideas and innovations have helped energize our economy. And that is exactly what we need today. Across our country, in laboratories, studios, and research hubs, America’s entrepreneurs, artists, and innovators are working hard to turn their ideas into products and services that will benefit the consumers, create jobs, and more importantly, help America reclaim its place as the leading innovation nation.  If we want to achieve our nation’s number one priority—create jobs and grow our economy—we must work to protect these American ideas, hard work, and ingenuity here at home and abroad. 

I hope you enjoy our video.

Chris Connelly is GIPC’s Senior Director of Communications and Research. 
 

Comments

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