European patents help SMEs commercialise high-potential inventions, new study shows
“European SMEs generally make effective use of European patents to protect their key inventions, and successfully commercialise up to two thirds of them”, according to a new study published by the European Patent Office (EPO). However, serious challenges remain, ranging from a lack of IP expertise and resources available to SMEs, to the need for more contacts to support their commercialisation efforts across Europe.