Quantifying the Economic Effects of IP Theft
Government Accountability Office Report
In October 2008, Congress passed the Prioritizing Resources and Organization for Intellectual Property Act of 2008 (PRO-IP Act), to improve the effectiveness of U.S. Government efforts to protect intellectual property (IP) rights such as copyrights, patents, and trademarks. The Act also directed the Government Accountability Office (GAO) to provide information on the quantification of the impacts of counterfeit and pirated goods. GAO: Examined existing research on the effects of counterfeiting and piracy on consumers, industries, government, and the U.S. economy. Identified insights gained from efforts to quantify the effects of counterfeiting and piracy on the U.S. economy. What…
