Comment With all due respect... (Score 4, Informative) 152
"Economists also tell us that 75 percent of a company’s value is attributable to its intellectual property (IP) — and that IP-intensive industries contribute $5 trillion per year to the U.S. economy. These industries account for about 35 percent of gross domestic product and 40 million jobs, including 28 percent of the jobs in the United States."
The report linked in the article discusses copyright, trademark, and patent-intensive industries. Patent-intensive industries are the *lowest* employer of the three, around 4 million as opposed to the 40 million jobs cited. It's misleading to lump all three industries together.
The same report lists another interesting metric, which is percentage of self-employed workers for each industry. Patent-intensive industries have the lowest number of self-employed workers, at 2.2% (vs 16% for copyright-intensive industries). This indicates to me that patent-intensive industries do not support capital-poor startups very well.
Of course I would expect counsel for the top patent recipient in the U.S. for two decades running to have differing opinions from my own.
Source: http://www.uspto.gov/news/publications/IP_Report_March_2012.pdf