Intellectual Property Products Highest in Metro Manila
(PR-201208-ES0-04, Posted 15 August 2012)
Intellectual Property Products (IPP) includes expenditures on research and development, mineral exploration, computer software and databases, and entertainment, literary or artistic originals.
Highest growth in IPP was posted by NCR, with 13.6 percent in 2011 from 3.3 percent in 2010. This was closely followed by ARMM, which rebounded to 12.1 percent from a decline of 15.8 percent in 2010. On the other hand, Bicol, Davao and Eastern Visayas regions declined by 7.7 percent, 6.1 percent and 2.3 percent, from negative 0.8 percent, 3.2 percent, and 6.4 percent, respectively.
With a measly share of 0.3 percent to GDP, IPP accelerated by 11.8 percent from the previous year's growth of 2.9 percent. Among the regions, NCR has the biggest share, accounting for 81.4 percent of the total IPP.
LINA V. CASTRO
Officer-in-Charge, Office of the Secretary General
and Assistant Secretary General
Raymundo J. Talento
Tel. No. (632) 890-8456