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Market Success for Inventions: Patent Commercialization Scoreboard and Innovation Support

In: Intellectual Property Management for Start-ups

Author

Listed:
  • Thomas Bereuter

    (European Patent Office)

  • Adéla Dvořáková

    (LESI High-Growth Technology Business Task Force)

  • Ilja Rudyk

    (European Patent Office)

Abstract

Deep tech start-up companies aiming for high growth must focus on intellectual property rights, particularly on patents. As demonstrated by the EPO’s studies, patent protection makes it easier for these businesses to gain market access, strengthen their negotiation position, attract funding, or achieve strategic value in positioning the company. Start-ups and SMEs, along with universities and public research organizations, face similar challenges in commercializing their patented inventions, particularly the lack of resources, skills, and contacts. Identifying the right partners and their contacts, and the cost and complexity of negotiations, often limits collaborative exploitation. For this reason, the EPO’s Patent Academy has developed a varied training program to facilitate the commercialization of technology and high growth. In particular, the EPO-LESI High-growth Technology Business initiative is tailored to enhancing the knowledge and skills of business decision-makers and IP professionals in deep tech start-ups and SMEs, thereby enabling them to maximize the market success of their patented inventions.

Suggested Citation

  • Thomas Bereuter & Adéla Dvořáková & Ilja Rudyk, 2023. "Market Success for Inventions: Patent Commercialization Scoreboard and Innovation Support," Management for Professionals, in: Martin A. Bader & Sevim Süzeroğlu-Melchiors (ed.), Intellectual Property Management for Start-ups, pages 355-373, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-031-16993-9_19
    DOI: 10.1007/978-3-031-16993-9_19
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