Intellectual Property Protection Drives Economic Growth
World Intellectual Property Day on April 26 highlights how copyrights, patents, trademarks, and trade secrets fuel innovation and economic advancement. Strong IP protections enable technological progress, foster collaboration, stimulate growth, and create jobs. The United States ranks first globally in IP system strength according to the U.S. Chamber of Commerce's International IP Index. IP-intensive industries directly employ 47 million Americans. Congress established the foundation for U.S. IP leadership through the Patent Act and Copyright Act of 1790, positioning America as the global leader in protecting intellectual property. Supporting inventors and creators through reliable, enforceable IP protections remains essential for continued innovation and prosperity.
