Today, the European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO) released a new joint study titled “Patents, Trademarks and Startup Finance: Funding and Exit Performance of European Startups.” The study examines the ownership of patents and trademarks and how intellectual property rights help startups attract funding from investors.
Key findings include:
- The ownership of intellectual property (IP) rights enhances the ability of startups to raise capital, particularly in high-tech industries with higher capital needs.
- The biotechnology sector leads in the use of patents and trademarks, with nearly half of the startups in the sector seeking these crucial rights.
- More startups in Austria, Switzerland, the Czech Republic, Germany, Finland, France, and Italy are likely to file for patents and trademarks.