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ARTICLE · 21 SEPTEMBER 2020

Keep The Wheel Turning: Invent – Finance – Innovate

Employ your Intellectual Property (IP) assets' value to finance further innovation and, while creating new IP values, lay the foundation for the next funding.

LuxembourgStrategy

Employ your Intellectual Property (IP) assets' value to finance further innovation and, while creating new IP values, lay the foundation for the next funding. The Global Innovation Index 2020 shows the importance of obtaining venture capital from investors.

On September 2, the World Intellectual Property Organization (WIPO) published the 2020 edition of the agency's Global Innovation Index (GII), which provides an international ranking of the top global economies in terms of their innovation performance. The theme of this year's Index, the 13th annual GII released by WIPO, is "Who Will Finance Innovation?" The GII includes data on declines to venture capital and other innovation funding sources. This focus on the increasingly critical need to obtain funding for R&D has taken on much greater importance during the COVID-19 pandemic.

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