A study by the EPO and EUIPO shows that, in Italy, companies with a high patent density (IPR) employ 1 in 3 people.
Italy: home of saints, poets and inventors. The numbers say it: in our country, companies that make intensive use of trademarks and patents generate 50% of the national GDP and employ 1 in 3 workers. These data come from a joint study of the European Patent Office (EPO) and the EU Intellectual Property Office (EUIPO). The two agencies have analysed the impact on the EU economy of companies that make intensive use of patents, trademarks, designs, industrial models and copyrights. Surveys have shown that, in the two-year period 2014/2016, companies in Italy with a high intensity of intellectual property rights (IPR) have created a business worth 774 billion euros. This is a very high figure, equal to 46.9% of the national Gross Domestic Product in the period considered. This impressive turnover has positive effects on the labour market in Italy. IPR companies support 7 million jobs, in other words they employ 31.5% of the Italian workforce. Moreover, these companies guarantee their employees better contractual conditions and considerably higher wages than the average in other industries (€801 per month compared to €544).
Patents: companies in Italy exceed the European average for jobs
In Italy, the creativity of companies “pays” especially in the field of design (clothing, furniture, accessories, lighting and jewelry). In this sector, industrial designs and models generate 3.79 million jobs (17.2% of the total) and contribute 279 billion euros to the GDP of our country (16.9%). The goals of Italian companies are even more significant when compared with the performance of European “colleagues”. DPI italian companies contribute to the country’s GDP with a higher share than the European average (46.9% compared to 44.8%) and create the highest percentage of jobs in the EU (31.5% compared to 29.2%). These data are further confirmation of the creativity and enormous potential of Made in Italy and open up prospects for future growth: EPO and EUIPO assume that the turnover of Italian companies with a high intensity of patents, trademarks and copyrights will continue to grow in the next two years and may exceed 50% of the Gross Domestic Product of our country.
