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Intellectual Property Drives Economic Growth and Competitiveness
America’s IP is worth $6.6 trillion, more than the nominal GDP of any other country in the world.
IP-intensive industries account for over 1/3– or 38.2%– of total U.S. GDP.
IP accounts for 52% of all U.S. merchandise exports- which amounts to nearly $842 billion.
The direct and indirect economic impacts of innovation are overwhelming, accounting for more than 40% of U.S. economic growth and employment. counterpart in a non-IP industry.
Global Innovation Policy Center (GIPC) @globalIPcenter 1d
ICYMI: @USChamber stands ready to work with Congress to bring inflation under control, confront the threat of crime on American business, rein in regulatory overreach, and ensure America remains competitive and vibrant. https://t.co/Bm2zNdr4Og