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Tuesday, 25th August 2015

Intellectual Property Rights and Firm Performance in Europe: An Economic Analysis

Source: OHIM - Office for Harmonization in the Internal Market (EU)

From the Foreword:

The study on the contribution made by IPR-intensive industries to the EU economy carried out in 2013, in partnership with the European Patent Office, demonstrated the importance of those industries. It showed they support directly or indirectly 35% of jobs, almost 39% of the EU’s GDP and 90% of external trade.

OHIM, through the European Observatory on Infringements of Intellectual Property Rights, has now carried out a follow-up study delving deeper into the influence of these rights at the firm or company level. This study, based on official public financial data from more than 2.3 million EU firms, covers companies which own patents, trade marks and designs at both national and at EU level.

The study shows that large companies are four times more likely to own IP rights than smaller companies - 40% of larger firms have registered rights, compared with 9% of SMEs. It also shows that companies that own IP rights perform better than those that do not. This is a particularly significant finding for the 1.8 million SMEs that have registered IP rights, since they represent such an important part of the EU economy.

The results demonstrate that businesses that own Intellectual Property Rights generate more revenue per employee than those that do not, have more employees and pay higher salaries to their workers and that this relationship is particularly strong for SMEs.

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Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

More articles by Adrian Janes »



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