Abstract:This paper firstly constructs the comprehensive evaluation index system which covers the creation, application, management and protection of intellectual property rights, and uses the entropy method to measure it. Secondly, Cobb-Douglas is the core of the paper, and the contribution degree of the intellectual property right on economic growth is estimated based on the statistical data from 2006 to 2015. The study found that Jiangsu is lack of the use and transformation capacity of intellectual property rights. The average contribution degree to GDP in ten years has reached 34.52%, while during the period of the "11th Five-Year" it reaches 34.11% and during the period of "12th Five-Year" it reaches 35.47%. Based on that, during the period of "13th Five-Year" it will reach 57.92%. Finally,the paper proposes some policy recommendations to raise the contribution degree of intellectual property rights on economic growth.