Showing posts with label IP contributions to GDP. Show all posts
Showing posts with label IP contributions to GDP. Show all posts

Friday, June 19, 2026

Intellectual property supports the U.S. economy. It should be respected abroad.; The Washington Post, June 18, 2026

  

 and 
Jeffrey Gerrish
, The Washington Post; Intellectual property supports the U.S. economy. It should be respected abroad.

"Many countries proudly tout close economic ties to the United States — but when it comes to protecting the intellectual property rights that help make the American economy strong, those trading partners often prove unreliable. 

That failure comes at a steep cost. Intellectual-property-intensive industries support more than 62 million U.S. jobs and 41 percent of the nation’s gross domestic product, according to a 2019 report from the U.S. Patent and Trademark Office. When other countries ignore — or actively attack — IP protections and allow their domestic companies to illicitly profit off American innovation, it hurts U.S. companies, workers and investors."