The European Commission published a new Action Plan on Intellectual Property to help companies, especially small and medium-sized companies (SMEs), to make the most of their inventions and creations and ensure they can benefit our economy and society. Intellectual property (IP) is a key driver for economic growth as it helps companies to valorise their intangible assets. The Action Plan aims at enabling the European creative and innovative industry to remain a global leader and at speeding up Europe's green and digital transitions. In particular, the Action Plan sets out key steps to improve the protection of IP; to boost the uptake of IP by SMEs; to facilitate the sharing of IP to increase the technological uptake in the industry; to fight counterfeiting and improve the enforcement of IP rights; and to promote a global level playing field. Action Plan announces measures in five key areas:

• Improving the protection of IP
• Boost the uptake of IP by small and medium-sized companies (SMEs)
• Facilitate the sharing of IP
• Fight counterfeiting and improve enforcement of IP rights
• Promote a global level playing field

Factsheet on the Action Plan on Intellectual Property

Action Plan on Intellectual Property “Making the most of the EU's innovative potential – An intellectual property action plan to support the EU's recovery and resilience”