NBC’s Study on Intellectual Property

NBC has released a new study which quantifies the economic contributions of intellectual property industries to the U.S. economy. Researched and written by Stephen E. Siwek of Economists Incorporated, “Engines of Growth: The Economic Contributions of the U.S. Intellectual Property Industries” analyzes the industries that rely most heavily on copyright or patent protection to generate revenue, employ and compensate workers, and contribute to economic growth.

Of interest to us, the report defines “Convergence Industries“: these industries depend fundamentally on copyright and/or patent protection to create, manipulate, distribute, exhibit, store and transport voice, text, audio and video information in a digital format. Some good figures…

The PDF of the 91-page study is here

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