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29 Sep 2021 • 

The Importance of IP for SMEs

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upto 100
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Based on previous editions

Editions

Sep 2021
+4 more editions

Frequency

Bi-annual
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Adequate protection of a company’s IP is a crucial step in deterring potential infringement &in turning ideas into business assets with a real .. Read more market. Intellectual property (IP) and its value are often not adequately taken into account and tackled by small businesses and startups alike. In the increasingly knowledge-driven economy, IP is a key consideration in day-to-day business decisions. However, SMEs and startups often lack the time, resources, or knowledge to address IP issues. gives them the right to exclude others, allowing them to fend off competition, assume a lead, and secure market position. If left unprotected, a good invention or creation may be lost to larger competitors that are in a better position to commercialize the product or service at a more affordable price, leaving the original inventor or creator without any financial benefit or reward. Adequate protection of a company’s IP is a crucial step in deterring potential infringement and in turning ideas into business assets with a real market value.

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