Tag: patentable inventions

The impact of digitisation on small and medium enterprises is significant. Savvy SMEs can turn this to a huge advantage as they can do things quickly and in a more agile manner than big businesses. However, challenges abound when trying to protect innovative products and processes.

When boards of directors gather to discuss the top risks of an organisation, it may entail matters such as structurally high unemployment, labour unrest, exchange rate volatility, political uncertainty, unmanageable fraud and corruption, threats of new market entrants or even product stagnation. Whilst there are indeed many more topical risks that may be relevant to the nature of the organisation’s business and immediate environment, it is not common for a board to include the threat of their innovation and intellectual property (IP) being marginalised or lost.