According to the information of the World Intellectual Property Organisation (WIPO), intangible assets, including intellectual property (IP), constitute roughly a third of the global production value and provide more than a half of the created added value. In the case of high tech products, the ratio may even be over 90%. However, the average added value in products exported from Estonia is only 55% of the European average. Enterprise Estonia’s intellectual property diagnostics help Estonian enterprises to exploit their most valuable assets – knowledge, skills and ideas – to their full added value production potential, beyond simply patenting products.
From assessing the IP connected to your product to assessing the technological IP landscape the product is entering, the IP diagnostics of a product gives the company a thorough overview of it’s operating environment and a practical action plan to make sure risks are handled and opportunities harnessed.
The intellectual property diagnostics of products and services, provided by Enterprise Estonia, answer practical business-related questions and help to identify the intellectual property-based growth and development options.
During an intellectual property diagnostics of a product,
As a result of the diagnostics, the enterprise will receive a practical step-by-step action plan for managing the identified risks and exploiting the discovered opportunities.
Enterprise Estonia will also counsel the company on implementing the action plan.
The intellectual property services of Enterprise Estonia are open to entrepreneurs exporting products developed and manufactured in Estonia, who want to pursue the said activities.
Enterprise Estonia shall not be held responsible for any decisions or actions of the service recipient, or any decrease in their profit, loss of income, loss of profit, non-pecuniary damages, or any other indirect damages.
The service is subject to a fee and the total cost will be calculated on the basis of the hourly rate of the specialist providing the service. The enterprise’s own contribution is 30% of the service cost, the remaining part of the service cost shall be included in the de minimis aid. You can check the balance of the company’s de minimis aid on the website of the Ministry of Finance.
If your company is interested in this service, please contact the Enterprise Estonia intellectual property specialist
Siim Kinnas, M.Sc.Tech
If you already are a customer of Enterprise Estonia, please contact your customer relationship manager.