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SMEs and Patents: Unlocking Innovation and Economic Growth

30.04.2024

SMEs and Patents: Unlocking Innovation and Economic Growth

Intellectual property (IP) plays a pivotal role in driving innovation, fostering economic growth, and securing the competitive edge for companies. In the United Kingdom, IP intensive industries account for more than a quarter of the country’s output – around £300 billion a year – while intangible assets, including IP, may make up around 70 to 80% of a company’s overall value [1]. However, SMEs face unique challenges and opportunities when it comes to the realm of IP. In this article, Nathaniel Taylor sheds light on how SMEs (small and medium-sized enterprises) can mitigate cost issues to capitalise on their IP.

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How a patent portfolio can shed light on new Electric Vehicle battery technology

28.11.2023

How a patent portfolio can shed light on new Electric Vehicle battery technology

Nathaniel Taylor interrogates Toyota’s patent portfolio in the hunt for the technical details behind their recent "battery breakthrough". Does their solution lie in a new solid state cathode material? 

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