--- title: High levels of counterfeiting prevent companies from getting the most out of their intellectual property description: High levels of counterfeiting prevent companies from getting the most out of their intellectual property --- # [![Innovation Asset Group](https://www.innovation-asset.com/hubfs/Image/Decipher-Logo.png)](https://www.innovation-asset.com/) - [Decipher®](https://www.innovation-asset.com/products-decipher) - [Services](https://www.innovation-asset.com/products/professional-services-0) - [Resources](https://www.innovation-asset.com/resources) - [Blog](https://www.innovation-asset.com/blog) - [About Us](https://www.innovation-asset.com/about) - [Contact Us](https://www.innovation-asset.com/contact) # Innovation Asset Blog # High levels of counterfeiting prevent companies from getting the most out of their intellectual property by [Peter Ackerman](https://www.innovation-asset.com/blog/author/peter-ackerman) Some industries are more frequently hampered by counterfeit goods than others, according to a report from Daily Finance. Companies in those sectors should make sure they get the most from their intellectual property by clamping down hard on knock-offs. The counterfeit category with the highest dollar value is footwear, according to the report. Roughly $100 million worth of copycat shoes was seized by customs agents in 2009, making up nearly 40 percent of the total value of counterfeit goods seized in the U.S. Far below, at $31.8 million and $21.5 million each, were consumer electronics and handbags, a category which includes backpacks and wallets, Daily Finance says. Combined, the two categories accounted for 20 percent of seizures. The money made by counterfeiters of all stripes has a direct impact on the bottom lines of the makers and sellers of legitimate goods. Protecting a company's intellectual property and trademarks is a critically important concern for any business - but it's even more crucial in market sectors that see heavy counterfeiting, experts say. ![Peter Ackerman](https://www.innovation-asset.com/hubfs/blog_images/Peter%5B5926%5D.jpeg) ### [Peter Ackerman](https://www.innovation-asset.com/blog/author/peter-ackerman) Founder & CEO, Innovation Asset Group, Inc. [March 14, 2011](https://www.innovation-asset.com/blog/high-levels-of-counterfeiting-prevent-companies-from-getting-the-most-out-of-their-intellectual-property) ### Subscribe to Email Updates ### Introducing Decipher® ### Categories - [Intellectual Property Management (459)](https://www.innovation-asset.com/blog/topic/intellectual-property-management) - [Commercialization and Licensing (210)](https://www.innovation-asset.com/blog/topic/commercialization-and-licensing) - [Invention Disclosure (201)](https://www.innovation-asset.com/blog/topic/invention-disclosure) - [Innovation Strategy (20)](https://www.innovation-asset.com/blog/topic/innovation-strategy) - [Ideas for Good (6)](https://www.innovation-asset.com/blog/topic/ideas-for-good) - [Innovation Team (3)](https://www.innovation-asset.com/blog/topic/innovation-team) ### News Archives - [January 2013 (26)](https://www.innovation-asset.com/blog/archive/2013/01) - [September 2012 (25)](https://www.innovation-asset.com/blog/archive/2012/09) - [October 2012 (22)](https://www.innovation-asset.com/blog/archive/2012/10) - [November 2012 (22)](https://www.innovation-asset.com/blog/archive/2012/11) - [November 2010 (21)](https://www.innovation-asset.com/blog/archive/2010/11) - [February 2011 (21)](https://www.innovation-asset.com/blog/archive/2011/02) - [July 2012 (21)](https://www.innovation-asset.com/blog/archive/2012/07) - [December 2012 (21)](https://www.innovation-asset.com/blog/archive/2012/12) - [January 2012 (20)](https://www.innovation-asset.com/blog/archive/2012/01) - [March 2012 (20)](https://www.innovation-asset.com/blog/archive/2012/03) ##### Portland, Oregon USA ##### © Innovation Asset Group, Inc. ##### [Privacy Policy](https://www.innovation-asset.com/privacy-policy/) | [Terms & Conditions](https://www.innovation-asset.com/terms-and-conditions/) | [Contact Us](https://www.innovation-asset.com/contact/) - - ![](https://www.conversionruler.com/bin/tracker.php?siteid=7009&nojs=1)