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

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Source(s):

Table 33-10-0271-01.

Chart description

This is a bar clustered chart.

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.