Intellectual Property Paper – Power 2 yr RnD PD

18 Intellectual Property: Powerhouse for Innovation and Economic Growth

“Because European competitiveness
builds on the innovation and value
added to products by high levels
of creativity, the protection and
enforcement of intellectual property
go to the heart of the EU’s ability to
compete in the global economy.”
European Commission
a.  Firms use IPR to help develop, value, conduct
trade in and benefit from their works, brands
and inventions.