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A new study, released today, reports that small and medium-sized enterprises (SMEs) that apply for patents, trade marks or designs have a greater probability of experiencing high growth than SMEs that do not.

The study, prepared jointly by economists from the European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO), proposed that a small number of innovative high growth firms which rely heavily on intellectual property rights are the future of the European economy. The full study is available at http://documents.epo.org/projects/babylon/eponet.nsf/0/F59459A1E64B62F3C12583FC002FBD93/$FILE/high_growth_firms_study_en.pdf; the executive summary is also available at http://documents.epo.org/projects/babylon/eponet.nsf/0/F59459A1E64B62F3C12583FC002FBD93/$FILE/high_growth_firms_study_executive_summary_en.pdf



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