By effectively protecting their intellectual capital through patents, trademarks and designs, creative and innovative companies can secure financing, grow, collaborate and create value. But how does owning Intellectual Property Rights (IPRs) impact their economic performance?
This joint report by the EUIPO and the EPO highlights that firms that own IPRs generate 20% higher revenues per employee than their counterparts without an IP portfolio. They also pay on average 19% higher wages than firms that do not.
The report not only outlines the virtuous cycle between IP and economic performance, but also highlights considerable scope for value gains by making IP more accessible to SMEs.
Read the report