Share of wages. Average wages per IP job. RESEARCH & DEVELOPMENT. STATE RANK. 42. R&D EXPENDITURES. $411 million
IP Creates Jobs
for Louisiana JOBS
$218.8 billion gross state product
1,099,928
IP supports 646,987 jobs, 37% of Louisiana’s private sector jobs.
Share of private sector jobs
4.53 million population
Direct IP jobs
13%
421,558
24%
63%
225,429
Indirect IP jobs
Non-IP related jobs Direct IP jobs
Indirect IP jobs
Non-IP related jobs
$193,857
OUTPUT
Share of output
In Louisiana, IP-intensive companies generate 125% greater output per employee.
Direct IP
24%
$86,038 52%
24%
Indirect IP
Non-IP related
Average output per private sector employee
Average output per IP employee
IP-intensive companies create $87.0 billion in output, 48% of output in Louisiana.
$55.1 billion $36.3 billion TOTAL EXPORTS
In Louisiana, $193,857 of output per IP job creates a total of $386,339 output in the state economy.
IP EXPORTS
65.9%
121,389
PERCENTAGE OF TOTAL EXPORTS JOBS CREATED BY IP EXPORTS
$193,857 Average output per IP employee
www.IPcreatesjobs.com
IP
$386,339 IP
Total output per IP job
WAGES
$50,310
In Louisiana, IP-intensive companies pay 41% higher than non-IP companies.
Share of wages Direct IP
$35,637
18% 23%
59%
Indirect IP Non-IP related
Average wages per private sector employee
Average wages per IP employee
In Louisiana, $50,310 wages paid to an IP job creates a total of $113,050 wages in the state.
IP
$50,310 Average wages per IP job
$113,050 Total wages per IP job
Innovation in Louisiana
PATENTS
Louisiana’s innovative economy depends on strong protection of intellectual property for a vibrant economy, job creation, and ability of the state’s engineers, inventors, scientists, and artists to protect their innovation.
304 PATENTS AWARDED IN 2010
RESEARCH & DEVELOPMENT SCIENCE & ENGINEERING JOBS
$5,267
$411 million $2,256
National average R&D Louisiana’s R&D expenditures expenditures per employee per employee
44,200
R&D EXPENDITURES
42
2.5%
STATE RANK
PRIVATE SECTOR JOBS
DATA SHOWN VARIES FROM 2009-2011; FULL INFORMATION CAN BE FOUND AT WWW.IPCREATESJOBS.COM. DATA SOURCES: NATIONAL SCIENCE FOUNDATION, THE U.S. PATENT AND TRADEMARK OFFICE, THE U.S. COPYRIGHT OFFICE, THE U.S. CENSUS BUREAU, THE U.S. BUREAU OF ECONOMIC ANALYSIS, THE U.S. BUREAU OF LABOR STATISTICS, AND THE U.S. INTERNATIONAL TRADE COMMISSION
ndp consulting www.IPcreatesjobs.com
