NEW STUDY HIGHLIGHTS INTELLECTUAL PROPERTY SECTORS AS KEY DRIVER FOR THE EU ECONOMY
Brussels, 25th September 2019
Creativity Works! welcomes 3rd study highlighting Europe’s intellectual property intensive industries as key drivers for the EU economy
Today, the European Union Intellectual Property Office (EUIPO) and the European Patent Office (EPO) jointly published the third edition of their “Intellectual property rights intensive industries (IPR) and economic performance in the European Union” study. Creativity Works! is pleased to see the study recognises the tremendous economic value that Europe’s IPR intensive industries, including copyright-intensive industries, bring to Europe – as creators, producers, innovators and, ultimately, employers.
This study shines a light on the leading role which IPR-intensive industries play in driving the European economy and contribute to Europe’s job growth, including the generation of 63 million jobs between 2014 and 2016. More specifically, copyright-intensive industries account for 6.9% of the EU’s GDP.
The EUIPO/EPO study stresses the sector’s role in boosting employment across the continent, even at a time when overall EU employment levels were receding slightly. Copyright-intensive industries account for 7.1% of EU jobs: more than 15 million direct and indirect jobs are generated by them.
Creativity Works! welcomes this joint report, which signals once again that IPR-intensive industries are Europe’s most effective global ambassadors. Copyright-intensive industries create a yearly trade surplus of € 92 billion, making them a thriving sector for exports.
This demonstrates the dynamism of the cultural and creative industries and their crucial role in the European economy around a strong IPR framework. As European institutions enter a new mandate, Creativity Works! is keen to continue its open dialogue with EU policymakers to ensure a supportive and favourable EU framework for the valuable activities of copyright-intensive industries.
Here is the full study and its executive summary.
About Creativity Works!
Creativity Works! is a European coalition of the cultural and creative sectors. Our coalition represents writers, screenwriters, video game producers & developers, broadcasters, book publishers and retailers, cinema operators, sports organisers, picture agencies, music and film/TV producers, publishers and distributors. Its objective is to foster an open and informed dialogue with EU policy makers about their economic and cultural contribution in the digital age. Members are brought together by a sincere belief in creativity, creative content, cultural diversity and freedom of expression.
IMPALA was established in April 2000 to represent independent music companies. 99% of Europe’s music companies are SMEs. Known as the “independents”, they are world leaders in terms of innovation and discovering new music and artists – they produce more than 80% of all new releases and account for 80% of the sector’s jobs (for more information, see the features of independents). IMPALA’s mission is to grow the independent music sector, return more value to artists, promote cultural diversity and entrepreneurship, improve political access and modernise perceptions of the music sector. IMPALA has its own award schemes which highlight the artistic contribution of independent music. IMPALA award winning artists include Viagra Boys who was voted winner of the last Album of the Year Award, Caribou, Agnes Obel, José González, Guadalupe Plata, The xx, Armin van Buuren, Adele, Mogwai, Metronomy, Orelsan and Andrea Bocelli.
IMPALA – Independent Music Companies Association
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