Brussels, September 30, 2013
– The International Trademark Association (INTA), representing over 6,300 companies worldwide, welcomes the release of the first EU-wide study on the impact of IP intensive industries.
According to the study:
- About 50% of EU industries are IPR intensive
- IPR-intensive industries account directly for 26% of all jobs in the EU – around 56 million direct jobs. With the addition of 20 million indirect jobs, 1 in 3 of all EU jobs rely on IPR intensive industries.
- These industries generated almost 39% of total economic activity (GDP) in the EU, worth €4.7 trillion
- IPR-intensive industries pay higher remuneration than non-IPR intensive industries, with a wage premium of more than 40%. The average weekly remuneration in IPR-intensive industries is €715, compared with €507 in non-IPR intensive industries
- IPR-intensive industries account for 90% of the EU’s trade with the rest of the world
Commenting on the study, INTA CEO Etienne Sanz de Acedo said:
“As an organization dedicated to the development and protection of trademarks, INTA welcomes the results of the study and thanks all parties involved (the European Commission, OHIM and EPO) for producing a very useful source of reliable data for policymakers, IP offices, industry, academics and public opinion.”
“These results, together with the results of the “IP and the US economy – industries in focus” published by the US Patent and Trademark Office in 2012, show that IP intensive industries contribute on average to 23% of employment and 37% of GDP in US & Europe. Trademark intensive industries are responsible for the highest shares of both employment and GDP contribution.”
“The study followed a sound methodology using hard data, facts and figures that delivered robust results,” Mr. Sanz de Acedo added. “We call on the EU Institutions and Member States to use the study to raise public awareness of the importance of IP.”
Mr. Sanz de Acedo concluded, “Both EU and US studies unequivocally demonstrate how IP – especially trademarks – adds significant value to an economy and supports the job market. INTA encourages other countries and regions to conduct similar studies and reaffirms the importance of strong laws and policies to protect and enforce trademarks.”
The full study and additional documentation can be accessed from OHIM’s website at www.oami.europa.eu.
The International Trademark Association (INTA) is a non-profit, membership organisation representing over 6,200 trademark owners, professionals and academics worldwide, with over 27% of membership based in Europe. INTA is one of the user associations serving as an Observer at OHIM’s Administrative Board and Budget Committee.