The 4th edition of the study “Impact of IPR intensive industries in the EU” confirms the economic benefits for the European economy of trademarks, designs, patents, copyright, and other IPRs.
It provides an updated assessment of the contribution of industries that make intensive use of the various types of intellectual property rights (IPRs) to the economy of the EU as a whole as well as those of individual European countries.
Main findings:
- 45% of the total economic activity (GDP) in the EU is attributable to IPR-intensive industries, worth EUR 6.6 trillion
- IPR-intensive industries generated 29.2% (63 million) of all jobs in the EU during the period 2014-2016.
- IPR-intensive industries accounted for most of the EU’s trade with the rest of the world and generated a trade surplus, thus helping to keep the EU’s external trade broadly balanced