When asked, vast majority of businesses say IP is not important

Found on To Promote the Progress? on Saturday, 21 December 2013
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While many pro-IP groups hailed the report as demonstrating the importance of IP to the American economy, the report was panned by critics who pointed out that the definition of “IP-intensive industries” was so broad as to be meaningless.

According to the NSF, the Business Research and Development and Innovation Survey (BRDIS) “is an annual, nationally representative sample survey of approximately 43,000 companies, including companies in manufacturing and nonmanufacturing industries.

Formal intellectual property protection is far less important to the vast majority of U.S. businesses than some would like us to believe.

96.2% of businesses don't consider IP to be important, yet politicians everywhere are working 24/7 for stricter IP laws. This is not only against what the majority wants, but also causes more problems for those who prefer to work on innovations instead of hiring IP lawyers like patent trolls do.