Increasing R&D ROI with Intellectual Property Training

in IP Training

Results from Intellectual Property (IP) Training Study

When survey participant were asked to best describe their IP training program, 74% of the companies responded that their program was ad-hoc in nature and split between active (frequent training) and in active (infrequent training), with the balance (26%) of companies having a formal and standardized program. Although only a small subset of companies indicated they have a formal program, there was strong evidence that those companies with formal programs have a strong correlation to better internal support and better understanding of IP concepts across multiple stakeholder roles. How strong? Those companies with a formal program show a 3x better return on R&D expenses as measured by patent applications per $1million of R&D spending.

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