Some months ago, the European Union Intellectual Property Office (EUIPO) and the European Patent Office (EPO) released a study over the importance of IP rights for high-potential SMEs in Europe. While 40% of large companies hold IP rights, that figure drops to only 9% when it comes to SMEs. But interestingly, SMEs have 32% higher revenue per employee when they hold IP rights. And businesses that have filed at least one trademark are 13% more likely to experience high growth. Investing in protecting IP assets is sometimes perceived as low priority as being too costly for no immediate return. But from these data, it’s clear that thinking long-term turns out to pay off with increase in turnover in the five coming years. Full report there.
Our news on intellectual property
EUIPO and EPO’s study about business value of IP rights worth reading
3 September 2021
Baselworld – 2021 Geneva Watch Days
31 August 2021
On-going consultation on the review of the Ordinance to the Federal Act on Data Protection
20 August 2021