2015 NAJI Annual Member Survey Highlights
“This poll is further evidence that IP theft is a major concern for U.S. businesses who rely on trade secrets and other forms of IP to innovate and compete. In addition to utilizing existing legal and diplomatic tools to fight this problem, we need more efforts at the state and federal levels to combat the theft of IP.” – Rob McKenna, NAJI President and former Attorney General of Washington state
Importance of Intellectual Property (IP) to U.S. manufacturers and businesses
- Three quarters of respondents believe that intellectual property is important to their business.
- Over half of respondents are looking to increase sales abroad (58 percent).
- 88 percent of companies looking to increase sales abroad (58 percent) cite IP as important to their business.
Trade Secrets top the list
- 74 percent of IP-users cited trade secrets as important, followed by 67 percent for patents and 58 percent and 33 percent for trademarks and copyrights, respectively (Figure 1).
- Strengthening protections for trade secrets, passing comprehensive tax reform, expanding global opportunities through new trade agreements were the top three policies measures that respondents would like to see the Obama Administration and Congress pursue in 2015 (Figure 2).
Prevalence of IP theft
- Nearly half of respondents (45 percent) report that competitors are currently stealing their IP. Among them, 76 percent say IP is being stolen by competitors based overseas and 63 percent report IP is being stolen by competitors based in the U.S.
- A majority (57 percent) of respondents believe that their competitors have or may have stolen their IP in the past.
- IP theft was among the biggest business challenge for respondent, behind attracting and retaining quality workforce (46 percent), rising health care/insurance costs (42 percent), unfavorable business climate (e.g., taxes, regulations) (38 percent) and weaker domestic economy and product sales (34 percent) (Figure 3).
- NAJI members (112 companies) who completed this year’s survey represented a cross-section of U.S. companies. 71 percent of respondents represented manufacturing, 10 percent represented high-tech, and 20 percent represented other industry sectors.
- 21 percent represented companies with under 10 employees, 56 percent represented companies with between 10 and 100 employees, 13 percent represented companies with between 100 and 500 employees, and 9 percent represented companies with over 500 employees.
Click here to view survey questions and response data
For more information, please contact Kara Horton, khorton@NAJI.org