may earn you more
than selling tangible products
Even though they may not have same the volume
of capital as large corporations, small companies
can succeed in the big world. They can
the world’s recognition thanks to their brains and
optimal use of the possibilities provided by the industrial
property protection system. If you come up with new innovative
products and technologies, your competitors will often
approach you with an offer for cooperation.
For large corporations
it often pays to purchase ready-made ideas
instead of taking the risk associated
with research and development.
Creating innovations brings
The Czech Republic may not be lost after all, in worldwide competition
in the area of commercialization of science, research, development and innovation.
For example, major efforts by professor Holý and others, who have created
groundbreaking treatments for AIDS and other diseases, have meant that
the Institute of Organic Chemistry and Biochemistry of the Academy of Sciences of the Czech Republic is able to obtain significant financial resources from new solutions.
In the area of innovations in the private sector, we can point out
the successes of the Czech company Linet, currently the leading European player
in the market of hospital and health care beds. The innovations, know-how
and cutting-edge technologies that the company regularly introduces are
recognized all over the world and the company ranks, also thanks to revenues
fromits licences, among the most prosperous ones.