New study shows intellectual property is good for the European economy

Joint EPO-EUIPO follow-up study confirms the economic benefits for Europe of patents, trade marks, designs and other forms of IP.Munich/Alicante, 25 October 2016 -- The European Patent Office (EPO) and the EU Intellectual Property Office (EUIPO) today published their second EU-wide study of the impact of Intellectual Property Rights (IPR) on the European economy in terms of GDP, employment, wages and trade. The study finds that more than 42% of total economic activity in the EU (some €5.7 trillion annually) is generated by IPR-intensive industries, and approximately 38% of all employment