Latest Joint Report from the European Patent Office and the EU Intellectual Property Office on the Contribution of IP to the European Economy
It is often said that intellectual property is crucial to the efficient functioning of modern economies but there is much less research to support that assertion than might be supposed. However, some valuable research on the topic has recently been undertaken by the European Patent Office ("EPO") and the European Union Intellectual Property Office ("EUIPO"),
In September 2013, those institutions published a joint report entitled Intellectual property rights intensive industries: contribution to economic performance and employment in the European Union. The EPO and EUIPO published an updated report in October 2016 and they have now published their third report.
The report identifies 353 IP intensive industries in the EU which employ directly 63 million people and make work for another 21 million in businesses that supply those industries. Those same industries generated output worth €6.6 trillion between 2014 and 2016 which amounted to 45% of the EU's GDP. The study noticed that IP intensive industries paid significantly higher wages than other employers. Particularly significant has been the growth of businesses in climate change mitigation technologies and fourth industrial revolution accounting for 2.5% and 1,9% of employment respectively and 4.7% and 3.8% of GDP.
Trade mark intensive industries employed directly 46.7 million persons between 2014 and 2016, design-intensive industries 30.7 million, patent-intensive 23.5 million and copyright intensive 11.8 million in that same period. The top 5 trade mark intensive industries by EU trade mark for 1,000 employees are identified as:
- Leasing of intellectual property and similar products, except copyrighted works
- Manufacture of magnetic and optical media
- Manufacture of homogenised food preparations and dietetic food
- Manufacture of wallpaper, and
- Manufacture of basic pharmaceutical products.
There is a lot of useful reference data and statistics in the third report. For instance, Table 36: IPR records filings by country of origin in all industries between 2014 and 2016. It ranks the UK as #4 in European patent filings, #2 in EU trade marks and #3 in registered Community designs.
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