Intellectual property rights and economic performance in the European Union (2019)

The EUIPO study about the assessment of the contribution to the economies of the EU from industries that make intensive use of the different types of intellectual property rights (IPR) confirmed the economic benefits for Europe of trade marks, designs, patents, copyright, geographical indications (GI) and plant variety rights.
In particular, the study assessed:

  • IPR-intensive industries generated 29.2% (63 million) of all jobs in the EU during the period 2014-2016.
  • 38.9% of all employment in the EU (83.3 million) can be attributed, to IPR-intensive industries
  • 45% of the total economic activity (GDP) in the EU is attributable to IPR-intensive industries, worth EUR 6.6 trillion
  • IPR-intensive industries pay significantly higher wages than other industries, with a wage premium of 47%
  • 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

11/27/2019 | General - Info