There are many strategies available to AD&S companies to fund and monetise innovation:
Intellectual Property (IP) management is crucial for protecting inventions, designs, and technologies through patents, trademarks, and copyrights, enabling licensing and commercialisation for revenue generation.
Exploring grant funding opportunities from government bodies and private organisations can provide support for research and development initiatives. R&D tax relief schemes offer tax incentives, reducing the financial burden of innovation investments.
The Patent Box regime provides a reduced tax rate on profits from patented inventions, incentivising companies to develop and commercialise patented technologies.
Intellectual Property (IP) protection not only safeguards the innovators’ rights but also provides a platform for licensing and commercialisation, enabling revenue generation.
R&D Tax Relief is a well established government tax incentive for companies investing in innovation, reducing the financial burden associated with research and development activities.
The Patent Box provides a reduced tax rate on profits generated from patented inventions, incentivising companies to invest in the development and commercialisation of patented technologies.