Intangible assets, including patents, trademarks, data, and software, comprise 90% of the S&P 500's $21 trillion market value and over $74 trillion globally, representing a seismic shift to an innovation economy that will drive the projected quadrillion-dollar value of IP assets by 2050. Scientific
R&D generates the majority of IP assets underlying the $74 trillion global knowledge economy today, contributing tens of trillions of dollars in value. With R&D spend rising amid growing innovation demand, science's share could exceed $100 trillion by 2050. Unlocking its full potential through improving funding, resources, and reproducibility is key to realizing projected IP asset value.