The importance of Intellectual Property Rights for SMEs

The importance of Intellectual Property Rights for SMEs

February 11, 2014

There is a need for a better understanding and focus on Intellectual Property Rights (IPR) in the UK startup scene. Most often new ideas and disruptive inventions emerge from small, fast moving technology companies who are not afraid of doing things differently and breaking a few rules, especially the “we have always done it this way” model ingrained in established businesses. It is at this early stage that the startup needs to have a good understanding of where the value lies in their offering and also how best to protect it from competitors who are ready to copy.

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