USPTO publishes new estimates of "IP-Intensive" industries, spin results
USPTO has just published its new estimates of "IP-intensive" jobs for the US economy. The report is titled: Intellectual Property and the U.S. Economy: 2016 Update, and is available as a PDF file here. USPTO press release here:
I took a quick look at the report, and below are some initial bullet points:
1. In the new USPTO study of "IP-intensive" jobs, 85 percent are included because of trademarks.
2. Just 14 percent of the "IP-intensive" jobs involve patents.
3. 20 percent of so called "IP-intensive" jobs involve copyright industries.
4. Just 2 percent of the "IP-intensive" jobs involving patents are in the pharmaceuticals sector.
5. According to USPTO, less than 1 percent of all "IP-intensive" jobs are in the pharmaceutical sector.
6. USPTO's top three "IP-intensive" industries are:
- Grocery stores: 2.6 million jobs
- Computer systems design: 1.8 million jobs
- Management consulting: 1.4 million jobs
7. According to USPTO, a "majority of patenting firms are in the services and wholesale sectors."
8. According to USPTO, the "Sound recording Industries" only provide 23.5 thousand jobs which is 0.0008 of all "ip-intensive" jobs.
9 Almost none of USPTO's copyright sector jobs benefit from long copyright terms.
10. USPTO study shows pharma and sound recording are both relatively unimportant. But, the spin by the USPTO and other US agencies, and by right holder groups, will be exactly the opposite.
I encourage people reading the report to spend some time on "Table A-10. IP-Intensive and Selection Criteria" which begins on page 48. We have this data in a spreadsheet here.