U.S. GDP to Include R&D and IP

Insights

U.S. GDP to Include R&D and IP

April 24, 2013

As a company founded on the principal that invention is an asset class of its own, we noted with great interest that for the first time, the Bureau of Economic Analysis for the U.S. Department of Commerce will be including the value of American companies’ R&D spending and intellectual property to its calculation of gross domestic product (GDP). 

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