IP protection often feels unaffordable for start-ups, with many SME's feeling reluctant to devote funds towards uncertain patent applications and legal proceedings. Yet IP is an essential investment in the long-term future of businesses, and all innovators deserve the ability to defend their intellectual property.
In this article for World Finance, Senior Associate, Annabel Williams, takes a look at a new fee structure introduced by the European Patent Office (EPO) for ‘micro-entities’, which makes IP rights more accessible. This scheme offers a 30% reduction reduction in payable fees across patent prosecution, including filing, examination, search, designation, grant, and renewal fees.
The full article can be read below on page 106.