June 17, 2010

Chamber Study Highlights South Dakota’s Innovative Contributions

U.S. Chamber Releases Study on Importance of Intellectual Property in All 50 States


WASHINGTON, D.C. — The U.S. Chamber of Commerce’s Global Intellectual Property Center (GIPC) today released a report highlighting South Dakota’s contributions to America’s innovation economy. This study is part of GIPC’s State Fact Sheets, which provide a look at the roles innovation and creativity play in each state. The report highlights local companies and facts demonstrating how innovation and creativity—which are safeguarded by strong IP rights—serve as a driving force behind economic recovery and future growth.

“Innovation and creativity are vital to South Dakota’s economy,” said Dr. Mark Esper, executive vice president of the Chamber’s GIPC. South Dakota places a high priority on their high-tech industry, which employs more than 8,600, with average wages totaling $384 million in 2006. Additionally, the software industry in South Dakota employs nearly 200 people who earn more than $12 million in wages.

Esper noted examples of innovation and creativity in South Dakota. In 2007, South Dakota innovators received 92 patents. Additionally, approximately 1,300 businesses in South Dakota are involved in the creation and distribution of copyrighted works, which is a 10 percent increase since 2007.

“Indeed, South Dakotans are proven innovators,” said Esper. Canton-native, Ernest Orlando Lawrence invented, utilized, and improved the Cyclotron. Lawrence’s invention helps to treat types of cancer by killing tumors through radiation, and minimizing the damage of healthy tissue. “America has a unique story to tell, and South Dakota plays a large role in this story. Innovation and creativity are essential to economic growth and human advancement, and South Dakota’s IP contributions reflect this.”

The South Dakota State Fact Sheet is intended to be a resource for legislators, policymakers, and the public to identify successful companies, inventors, creative artists, and innovators to better understand the role they play in our economy and society. As part of an easy-to-use, interactive map, the State Fact Sheet project can be accessed online at www.theglobalipcenter.com, as well as in a printable format.

The Chamber’s Global Intellectual Property Center is working around the world to champion intellectual property (IP) as vital to creating jobs, saving lives, advancing global economic growth, and generating breakthrough solutions to global challenges.

The U.S. Chamber is the world’s largest business federation representing more than 3 million businesses and organizations of every size, sector, and region.

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