The U.S. International Trade Commission (ITC) recently reported findings from a survey of firms regarding the impact of Chinese intellectual property rights infringement on U.S. firms. The study found that firms in the U.S.'s IP-intensive economy that conducted business in China in 2009 reported losses of approximately $48.2 billion in sales, royalties, or license fees due to intellectual-property rights infringement in China.
Of the $48.2 billion in total reported losses in 2009, approximately $36.6 billion was attributable to lost sales, while the remaining $11.6 billion was attributable to a combination of lost royalty and license payments, as well as other unspecified losses.
Summit assisted the ITC with this study by reviewing the survey instrument, selecting a sample, and assisting with technical issues surrounding the extrapolation of losses experienced by firms. The full text of this report is available here.