Startups with patents and trade marks are 10 times more successful in securing funding, new study finds
Written by Daniel van Herck
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[Wednesday, 25 October 2023 13:16]
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Wednesday, 25 October 2023
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Owning Intellectual Property (IP) rights boosts startups’ ability to raise funds, especially for deep-tech industries with higher capital needs
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.
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