Sunday, November 30, 2014

Philippines identified copyrights as 7% of GDP

Countries are often surprised by the amount of IP created when they count it up. The Philippines has just done such an analysis and they believe that remains a net exporter of copyright-based products, worth about $1.57 billion in 2010. 

The Philippines IPO and the World Intellectual Property Office studied the issue and showed that copyright exports continued to exceed imports. A strong driver is the digital era which enables a greater flow of online content while physical products are declining. The study also shows that copyright-based industries contributed 7.34 percent of GDP. 

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