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What does ip industry mean?

IP industry refers to intellectual property industry, that is, economic industry with intellectual property as the main creative factor. From the formal point of view, IP industry includes copyright, patent, trademark, copyright and other forms of intellectual property rights, but its actual connotation is broader, including innovative industries dominated by copyright and patent, cultural industries dominated by trademark and copyright, and information industries dominated by domain names and website information. Compared with traditional industries and manufacturing industries, IP industry does not need a lot of capital and infrastructure, and has higher capital benefits and innovation benefits.

With the development of digital technology and network technology, the global intellectual property industry is welcoming unprecedented development opportunities. Intellectual property industry can not only inject creative energy into emerging industries such as cultural industry and digital economy, but also promote international cooperation and trade through intellectual property trade. At the same time, developing intellectual property industry is also an important way to promote national strategic transformation and innovative economic development. In China, the development of intellectual property industry has become a strategic emerging industry supported by the state, involving copyright, patent, trademark, copyright and other aspects.

The role of intellectual property industry in economic development

The development of intellectual property industry plays an important role in improving economic structure, accelerating innovation and transformation, and promoting the development of digital economy. The development of IP industry is conducive to stimulating innovation vitality, promoting supply-side structural reform and achieving a gorgeous turn. Various infrastructures such as "mass entrepreneurship, innovation" and "mass creation platform" have brought broad development space for the ip industry. It is generally believed that the core of global economic competition in the future lies in "who has the most creative IP department" and "who has mastered the upstream and downstream patent technology chain". Therefore, it is necessary and beneficial to develop the intellectual property industry.