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Rewind 08 Rewind 09 20-TEN

MUMBAI: India is overlooked in a study conducted on the economic impact of the copyright industries by The World Intellectual Property Organization (WIPO). The study  entitled 'Copyright + Creativity = Jobs and Economic Growth' is based on data retrieved from 30 countries across the globe.

Deep Emotions Publishing managing director Achille Forler said, "India's creative industries were left out in this Report highlights the pressing need to have reliable data on their economic contribution to the country's GDP. Such data, in turn, will help evolve supporting policies."

Radio, TV, Music & Theatre are among the most labor intensive sectors, providing higher contribution to GDP compared to the labor input in them. The contribution of core copyright industries such as the music industry to GDP averages over 5% across countries, and provides for nearly 6% of employment.

With 40.5%, Press and Literature is by far the biggest contributor to generating added value, the other driver industries – Software and Databases, Radio & TV, Music & Theatre, Advertising, Motion picture and video exhibit together 55% of the share, with Software and Databases alone standing for almost half of that contribution.

Commenting on the study Forler said, “Copyright is the livelihood for millions of creators – individuals or companies – who are enriching the world with their talent, imagination and emotions. This WIPO study details the enormous impact these creators make to the global economy and corroborates the results of various earlier studies that, in many countries, this sector is more substantive than traditional economic sectors and fully comparable with tourism, hotels and restaurants."

The study also shows a positive correlation between the level of contribution of the copyright industries to GDP and the importance of intellectual property rights in a given country, illustrating the significance of a functioning legal framework. It also finds that countries in which copyright industries are larger contributors to GDP tend to rank higher in terms of global competitiveness and investment in research and development. In general, countries which have experienced rapid economic growth also have an 'above average' share of GDP attributed to copyright industries.

The analysis highlights the economic significance of these industries in both developed and developing countries around the world. It also demonstrates their connection to other important factors such as growth and competitiveness.

International Confederation of Music Publishers secretary general Ger Hatton said, “Strong copyright protection can aid economic recovery and safeguard jobs as shown in this WIPO study and is a welcome vindication for the authors and composers throughout the world that depend on copyright to make a living.”

MUMBAI: India is overlooked in a study conducted on the economic impact of the copyright industries by The World Intellectual Property Organization (WIPO). The study  entitled 'Copyright + Creativity = Jobs and Economic Growth' is based on data retrieved from 30 countries across the globe.

Deep Emotions Publishing managing director Achille Forler said, "India's creative industries were left out in this Report highlights the pressing need to have reliable data on their economic contribution to the country's GDP. Such data, in turn, will help evolve supporting policies."

Radio, TV, Music & Theatre are among the most labor intensive sectors, providing higher contribution to GDP compared to the labor input in them. The contribution of core copyright industries such as the music industry to GDP averages over 5% across countries, and provides for nearly 6% of employment.

With 40.5%, Press and Literature is by far the biggest contributor to generating added value, the other driver industries – Software and Databases, Radio & TV, Music & Theatre, Advertising, Motion picture and video exhibit together 55% of the share, with Software and Databases alone standing for almost half of that contribution.

Commenting on the study Forler said, “Copyright is the livelihood for millions of creators – individuals or companies – who are enriching the world with their talent, imagination and emotions. This WIPO study details the enormous impact these creators make to the global economy and corroborates the results of various earlier studies that, in many countries, this sector is more substantive than traditional economic sectors and fully comparable with tourism, hotels and restaurants."

The study also shows a positive correlation between the level of contribution of the copyright industries to GDP and the importance of intellectual property rights in a given country, illustrating the significance of a functioning legal framework. It also finds that countries in which copyright industries are larger contributors to GDP tend to rank higher in terms of global competitiveness and investment in research and development. In general, countries which have experienced rapid economic growth also have an 'above average' share of GDP attributed to copyright industries.

The analysis highlights the economic significance of these industries in both developed and developing countries around the world. It also demonstrates their connection to other important factors such as growth and competitiveness.

International Confederation of Music Publishers secretary general Ger Hatton said, “Strong copyright protection can aid economic recovery and safeguard

jobs as shown in this WIPO study and is a welcome vindication for the authors and composers throughout the world that depend on copyright to make a living.”

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