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The Value of Innovation and Creativity America’s innovators and creators fuel the U.S. economy. LEARN MORE AT ACTIONFORTRADE.ORG They Create More Jobs Creative and innovative industries support 58 million American jobs. That's nearly 40% of the U.S. workforce. They Stimulate Economic Growth They Drive Exports Innovative and creative industries account for more than half of all U.S. exports, exporting $842 billion in merchandise and another $80 billion in services. Creative and innovative industries add jobs 7% faster than other industries. The U.S. biopharmaceutical industry supports 4.8 million jobs. The tech industry employs 6.7 million people. The U.S. film and TV industry supports nearly 2 million jobs. U.S. print and digital publishing companies employ nearly 720,000 people. Copyright-intensive industries employ more than 5.5 million workers. They Earn Higher Wages Innovative and creative workers’ incomes are 46% higher than other workers’ incomes. $46,000 Other workers $68,000 Innovators and creators Innovative manufacturing workers produce roughly 40% more than their counterparts. American biopharmaceutical exports hit $52 billion in 2016. Tech company exports reached $309 billion in 2016. The U.S. film industry exported $16 billion more than it imported in 2014. U.S. book exports hit $1.3 billion in 2014. The U.S. music industry distributes more than 40 million recordings across the world.

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Page 1: The Value of Innovation and Creativity - ACTION for Tradeactionfortrade.org/wp-content/uploads/2018/03/The-Value...The Value of Innovation and Creativity America’s innovators and

The Value of Innovation and CreativityAmerica’s innovators and creators fuel the U.S. economy.

LEARN MORE AT ACTIONFORTRADE.ORG

They Create More JobsCreative and innovative industries support 58 million American jobs. That's nearly 40% of the U.S. workforce.

They Stimulate Economic Growth

They Drive ExportsInnovative and creative industries account for more than half of all U.S. exports, exporting $842 billion in merchandise and another $80 billion in services.

Creative and innovative industries add jobs

7%faster than other industries.

The U.S. biopharmaceutical industry supports 4.8 million jobs.

The tech industry employs 6.7 million people.

The U.S. �lm and TV industry supports nearly 2 million jobs.

U.S. print and digital publishing companies employ nearly 720,000 people.

Copyright-intensive industries employ more than 5.5 million workers.

They Earn Higher Wages

Innovative and creative workers’ incomes are 46% higher than other workers’ incomes.

$46,000Other workers

$68,000Innovators and creators

Innovative manufacturing workers produce roughly

40% more than their counterparts.

American biopharmaceutical exports hit $52 billion in 2016.

Tech company exports reached $309 billion in 2016.

The U.S. �lm industry exported $16 billion more than it imported in 2014.

U.S. book exports hit $1.3 billion in 2014.

The U.S. music industry distributes more than 40 million recordings across the world.