Global Intellectual Property Center

Tag Archives: BEA

Copyright Creates Jobs. Period.

Copyright Creates Jobs. Period.

© deliormanli / iStock

Imagine the U.S. economy minus the entire state of New York. While such a reality may be to New Jersey’s or the West Coast’s delight, the economic impact stemming from a state the size of New York adds to the U.S. economy as a whole, producing huge contributions to national exports, GDP, and jobs.

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Luke, I Am Your GDP

Luke, I Am Your GDP

Image: ©iStockphoto.com/evirgen

1977 called and it wants its GDP revised. In a stunning announcement, the Bureau of Economic Analysis (BEA) is set to correct a long-standing mismeasurement of the data that gauges the heartbeat of the U.S. economy. This “comprehensive revision” will put the extensive and intensive investments in intellectual property (IP) front and center.