Intellectual Property Rights: A Key Driver of Business Success in the EU

How are intellectual property rights and business performance in the European Union connected? This is highlighted in an analysis report released earlier this year.

The study, conducted and published by EPO and EUIPO, aims to provide insights into how European companies utilize intellectual property rights and identify differences between companies that register such rights and those that do not. It builds on previous research by EUIPO and EPO and uses extensive datasets to analyze the connection between intellectual property rights, business performance, growth, and access to financing.

This study, based on a comprehensive analysis of a large and representative sample of European companies, shows that companies with intellectual property rights perform better than those without. This is particularly evident in the form of higher revenue per employee and better average compensation for employees.

 – It is gratifying to see that the study supports the notion that intellectual property rights play a crucial role in promoting innovation, increasing productivity, and ultimately improving the performance of individual companies. The study confirms a positive correlation between the ownership of intellectual property rights and economic outcomes, says Albin Persson, European Patent Attorney and Equity Partner.

Ström & Gulliksson’s strategic advice – tailored guidance to ensure the best commercial outcome

The advice we provide is always based on creating a strategy for commercial development. A well-thought-out patent strategy results in patent protection for commercially important inventions, which in turn contributes to increased market share, higher sales, and pricing. Patents also increase the opportunity to attract potential future business partners.

Link to the full study: Intellectual property rights and firm performance in the European Union