NAM Divulges Survey Results on manufacturers and IP protections.
Press Release Summary:
Issued by NAM, Q1 results of 2016 Manufacturers' Outlook Survey show that, according to NAM's Robyn Boerstling, show "deep concern from manufacturers when intellectual property and innovation are threatened." Survey polled NAM members about manufacturing outlook as well as key intellectual property issues. Respondents were asked about measures in state legislatures aimed at requiring manufacturers to turn over sensitive operational information.
Original Press Release:
NAM Survey: Manufacturers Need Strong Intellectual Property Protections to Ensure Investment and Competitiveness
Washington, D.C. – The National Association of Manufacturers (NAM) issued the first quarter results of its 2016 Manufacturers’ Outlook Survey. In addition to the manufacturing outlook, the survey polled NAM members about key intellectual property issues.
“Manufacturers in the United States perform more than three-quarters of all private-sector research and development (R&D) in the nation, driving more innovation than any other sector,” said NAM Vice President of Infrastructure, Innovation and Human Resources Policy Robyn Boerstling. “Today, for many manufacturers, if you are not on the cutting edge of innovation, then you are not competitive in the United States and definitely not in the global marketplace. This survey shows the deep concern from manufacturers when intellectual property and innovation are threatened.”
In the survey, respondents were asked about measures in state legislatures across the country aimed at requiring manufacturers to turn over highly sensitive operational information, such as production and marketing and research costs that support new and innovative product development.
Survey findings include the following (respondents were able to check more than one response):
These measures threaten manufacturing competitiveness. More than 83 percent of respondents would consider these actions a threat to their competitiveness.
These measures threaten investment. More importantly, 46.7 percent felt that these measures would force them to curtail investments in R&D of now-proprietary technologies and products.
-NAM-
The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.
