Why spend money on IP?
The subject of the report is the influence of intellectual property rights (IPR) on the economic performance of companies in the EU.
The main findings of the study are: Companies that own IPR achieve on average 23.8% higher sales per employee compared to companies without IPR. After accounting for factors such as industry, company size and location, this advantage increases to 41%. Employees in companies with IPR receive on average 22% higher wages than their colleagues in companies without IPR. Small and medium-sized enterprises (SMEs) benefit particularly from IPR. Although only about 10% of EU SMEs own registered IPR, they report a 44% higher turnover per employee compared to SMEs without IPR. Companies that combine several types of IPR, such as trademarks and designs, see the highest increases in turnover per employee.
Consequently, there is a clear positive correlation between the ownership of IPR and the economic performance of companies in the EU. And a considerable potential for SMEs in particular to increase their competitiveness and profitability by acquiring and using IPR.The results underline the need to raise awareness of the benefits of IPR.
You might also be interested in this
Design has always been about more than just aesthetics. A well-crafted design can evoke emotions, convey values, and ensure brand recognition. Ideally, it defines a brand, significantly influencing its success. In today's competitive landscape, effective protection of design rights is therefore essential. In this blog post, we shed light on the application process at the EUIPO and highlight the key things to pay attention to when filing your design application.
Can a single shade of orange be distinctive enough to warrant EU trade mark protection? The General Court recently delivered its answer in a case that spans decades and raises fundamental questions about the requirements for claiming acquired distinctiveness. The Veuve Clicquot decision (T-652/22) serves as a key reminder: proving acquired distinctiveness in the EU is a high-stakes and high-evidence game.
In the USA, an influencer accused another influencer of copying her social media aesthetic. This article discusses the resulting legal dispute and analyses whether such an aesthetic could be protected by copyright or competition law under German law.
Cross-border cases present a number of pitfalls for law enforcement. This is particularly true in the case of infringements on the Internet, which are regularly accessible worldwide. Exciting and challenging questions of international private and jurisdictional law arise. However, a further question is sometimes overlooked: under what conditions does the alleged infringement have a sufficient connection with the jurisdiction of the competent court for it to apply its substantive law?
