http://www.whitehouse.gov/blog/2012/04/11/intellectual-property-and-us-economy
QUOTE:"As the study shows, intellectual property is a key driver of our economy. The report found that IP-intensive industries create 27.1 million jobs and indirectly support another 12.9 million jobs. All told, nearly 30 percent of all U.S. jobs are directly or indirectly attributable to the IP-intensive industries.

These are jobs that pay well. The average weekly wage in the IP-intensive industries overall is 42% higher by 2010 and its 73% for patent industry jobs and 77% for copyright industry jobs.

Intellectual property is also critical to our balance of trade: goods from the IP-intensive industries account for 60% of all US exports. And in 2010 alone, IP-intensive industries accounted for about $5.06 trillion in value added, or 34.8 percent of U.S. gross domestic product.

It doesn’t stop there: the entire U.S. economy relies on some form of intellectual property, because virtually every industry either produces intellectual property or uses it."

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http://www.uspto.gov/about/ipm/industries_in_focus.jsp

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Intellectual Property and the U.S. Economy: Industries in Focus


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ROUGH MATH: My last post (#188694) reported that: "In 2013, 51 percent of the 303,000 patents filed in the U.S. were of foreign origin, according to the USPTO." Therefore, I will approximate that 50% of the total government-protected Intellectual Property (IP) revenues within the U.S. marketplace are generated by foreign sources and 50% are generated by domestic sources. From above regarding U.S. industries: "in 2010 alone, IP-intensive industries accounted for about $5.06 trillion in value added." Therefore, the "foreign sources" plus the "domestic sources" of IP revenues approximately equals $10 trillion on a yearly basis.

$10 trillion/year x 1% = $100 billion/year

Now consider: http://www.gdi-solutions.com/analysis/us_states.htm
"Percentage of Total US Population - 2001"
Find a state's percentage, then do the math. For example:
California (12.11%): $100 billion x 12.11% = $12.11 billion
That's right! If California's public schools student population has approximately the same percentage of the total U.S. public schools student population as California's total population has of the total U.S. population, then California's public schools would receive approximately $12.11 billion in annual funding from the proceeds that would result if my proposed "1% of copyrights and patents" amendment were ratified into law.

http://www.cde.ca.gov/fg/fr/eb/
QUOTE: "Public school funding is the largest program in the state budget, receiving more than 40 percent of the state's General Fund resources. The 2013–14 state budget includes $40 billion in General Fund resources for kindergarten through grade twelve (K–12) education. Overall spending for California public schools is about $70 billion when federal funds and other funding sources are added."

The good people of California should like my idea.

Steven A. Sylwester