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ARTICLE · 18 OCTOBER 2022

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2022 Intellectual Property SME Scoreboard Report

RDJ LLP
RDJ LLP
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RDJ LLP

RDJ LLP

RDJ is one of Ireland’s leading corporate law firms. With more than 300 employees and offices in...

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The European Union Intellectual Property Office (EUIPO) published its latest Intellectual Property (IP) SME Scoreboard report.

IrelandIntellectual Property

Introduction

The European Union Intellectual Property Office (EUIPO) published its latest Intellectual Property (IP) SME Scoreboard report. This report puts forth the EUIPO's latest statistics regarding the use and registration of IP rights by small and medium-sized enterprises (SMEs) in the EU. The findings of this report are used by the EUIPO to further its action plan to implement and streamline its IP strategy to support SMEs in the EU.

SMEs represent about 99% (24 million2) of all businesses in the EU and is the driving force behind the EU's economy. Understanding how these SMEs protect its innovation and technology is paramount as the revenue per employee is approximately 68 % higher for SMEs that do own and protect its IP rights from those that do not own any IP rights. This makes protection of IP fundamental to the EUIPO's strategy to support SMEs.

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