Many businesses are unaware that they are innovating

By: Trademagazin editor Date: 2020. 08. 17. 15:25

A fraction of the innovations of the small and medium-sized enterprises (SMEs) in Hungary are not utilized either, and many SMEs are not even aware that they have created a value that should be protected – Világgazdaság Online wrote. However, such innovations increase the value of the owner company and can be used for tax relief – was said at the event of the iLex Group.

The service package available in the Innovation Marketplace created by the company helps companies to find new domestic and international markets for their products through their outstanding research and development activities. Relying on the marketplace, more than fifty SMEs are already paving the way for their own innovation, and more than a hundred innovation management and industrial property rights have emerged. ILex’s partners in this work are Tungsram, Corvinus University of Budapest and more than ten companies dealing with innovation development. (vg.hu)