Report emphasizes that IPR creates value
The economic impact of patents, trademarks and designs is well-known. It has now been highlighted in a joint report by the EUIPO and the European Patent Office. The study compares the economic performance of companies that own IPRs with those that do not. A representative sample of over 127 000 European firms from all 28 EU member states have been analysed. The analysis shows that firms that own IPRs generate more than 50% higher revenues per employee than their counterparts without an IP portfolio.
The difference is even more significant when it comes to SMEs. Although fewer than 9% of European SMEs rely on IPRs, these companies appear to generate almost 70% higher revenues per employee than SMEs without IPR portfolios.
You can read the full report here: Joint EUIPO/EPO IP Contribution Report