“Growing Europe’s Technology Markets: Helping SMEs Commercialise Their Inventions”
SMEs that apply for patents, trade marks or designs have a greater probability of experiencing high growth than SMEs that do not. That’s according to a new study recently released by the European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO). SMEs contribute to 57% of the EU’s GDP. However, a large portion of the value generated by SMEs comes from a small number of high growth firms (HGFs), which are often very innovative. It appears that SMEs that have filed at least one IP right by 21% are more likely to experience a growth period afterwards.
With this event we aim to capitalise on the ongoing discussion within the European Institutions regarding the future EU industrial policy and underline the pivotal role of the European patent system in helping businesses commercialise their inventions on a pan-European scale and beyond.