Chart 2
Reported benefits of owning intellectual property, 2017 to 2019

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Increased business value Increased revenues Strengthened long-term business prospects Expanded markets Provided new opportunities for collaboration with other businesses Increased employment Facilitated access to financing Positioned business for acquisition Other contributions 0 10 20 30 40 50 Percentage of businesses that own IP
Source(s):
Table 33-10-0271-01.

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Reported benefits of owning intellectual property, 2017 to 2019
  Percentage of businesses that own IP
Increased business value 38.7
Increased revenues 31.1
Strengthened long-term business prospects 29.7
Expanded markets 25.8
Provided new opportunities for collaboration with other businesses 21.5
Increased employment 18.4
Facilitated access to financing 10.7
Positioned business for acquisition 9.9
Other contributions 7.3
Source(s):
Table 33-10-0271-01.
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