from the conferences organized by TANGER Ltd. provisional website
The aim of the article is to point out the interrelation between the economic results of metallurgical companies and the number of patent applications and utility models. With the constant development of the market environment, not only the business conditions in which each enterprise exists are changing, but the protection of industrial rights is also growing considerably. The importance of intellectual property rights for businesses and the economy has become more pronounced in recent years. The most important reason for securing any industrial and legal protection is to ensure the exclusive position of a company on the market in a given territory and hence to assert all the rights that arise from legal protection. The filing of applications for inventions and utility models is related to the development, research and innovation processes of companies. Innovation processes are related to investments, and in this respect, the direct connection between the market performance of metallurgical enterprises and the activity in the field of intellectual property protection is seen. Intellectual property protection enables metallurgical companies to consolidate the exclusive position of their products and technical solutions and thus to obtain a financial bonus resulting from a fixed position on the market.Keywords: Metallurgy, Industrial property protection system
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