Intellectual property (IP) continues to be single most dominant factor for the U.S. GDP. Intellectual property industries today generate as much as 38.2 percent of total U.S. GDP, or an astonishing $6.6 trillion in annual output.
Over $2 Trillion USD is being invested in Mergers & Acquisitions annually. Predominantly this is driven by IP Portfolios (buy/sell) that drive profitable growth and gaining competitive advantage.
Despite holding undisputed importance, and being such critical economic driver and not a single American college or university offers any undergraduate courses on the basic workings of patents, copyrights, trademarks and trade secrets in U.S. This is absolutely essential for sustained competitive edge.