Intellectual Property Education Crucial To America’s Future
Intellectual property education crucial to America’s future
Intellectual property (IP) industries today generate 38.2 percent of total U.S. GDP, or an astonishing $6.6 trillion in annual output. IP is also responsible, directly and indirectly, for 30 percent of total U.S. employment and more than 80 percent of the market value of publicly-traded companies. And yet despite IP’s undisputed economic importance, not a single American college or university offers any undergraduate courses on the basic workings of patents, copyrights, trademarks and trade secrets in U.S. social and economic life.
This “IP education gap” poses a threat to U.S. leadership of the Knowledge Economy. To grasp just how …