Date : 17/10/2023 – Source : EPO, EUIPO – Lien
Patents, trade marks and startup finance – Funding and exit performance of European startups
The European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO) have published a new joint study highlighting how much patents and trade marks can boost the success of European startups. The report shows that, on average, startups that possess these two types of intellectual property (IP) rights during their initial seed or early growth stages are up to 10.2 times more likely to successfully secure funding.
On average, 29% of European starts-ups have filed IP rights, with important differences between industry sectors. Biotechnology is by far the most IP-intensive sector, with nearly half of start-ups using patents or registered trade marks. Other IP-intensive sectors include science and engineering (with 25% of patent users and 38% of trade mark users), health care (20% of patent users and 40% of trade mark users) and manufacturing (20% of patent users and 36% of trade mark users). …