Copyright industries boost Philippine economy - WIPO study

According to a joint study by the Intellectual Property Office of the Philippines (IPOPHL) and the World Intellectual Property Organization (WIPO), Philippine copyright-based industries contributed P661 billion (14.67 billion US$) to the local economy, equivalent to about 7.34 percent of the country’s GDP.  These industries also accounted for about 14.14 percent of the country’s total labor force in 2010.

These findings, which demonstrated the economic viability of the creative industries, were based on the 2013-2014 study  and showed a significant increase since the previous 2006 baseline study, according to which, Philippine copyright-based industries contributed only 4.92 percent to the GDP and 11.1 percent to national employment in the country.

Read more in the Philippine Daily Enquirer