There’s a myth that protecting intellectual property (IP) is the preserve of larger firms and is unsuited to smaller and medium-sized enterprises (SMEs). While large companies invest in IP for good reasons – to protect their products and services, discourage competition and create new revenue streams for themselves – IP undoubtedly benefits smaller businesses too. In fact, the evidence is that SMEs that apply for patents, trademarks
or designs are more likely to grow quickly and succeed than those that do not. [---]