According to a report published on 9 January by the European Patent Office (EPO) and European Union Intellectual Property Office (EUIPO), between 28% and 41% more revenue is generated by companies that own intellectual property rights than those that do not.
Based on a comprehensive dataset covering the period 2013-2022, the study, which assessed more than 119,000 companies in the 27 EU Member States, found that the association between performance and ownership of patents, trademarks and designs is all the more important for SMEs.
The spin-offs can also be positive for employees: companies that hold IPRs pay their employees salaries that are, on average, 22% higher.
While the limitations of the data and methodology mean that caution must be exercised in interpreting the results, they could provide a better understanding of the factors that determine IPR ownership and the processes that help to use these assets to the benefit of businesses and the EU economy as a whole.
Read the report: https://aeur.eu/f/f3q (Original version in French by Nithya Paquiry)