Journal of Business & Economic Policy

The Relationship between Intellectual Property and Innovation: A Mexican SMEs Perspective
Sandra Yesenia Pinzon-Castro, Gonzalo Maldonado-Guzman, Gabriela Citlalli Lopez-Torres

Abstract
Market globalization and uncertainty that currently prevail in businesses brings as a consequence toughest requirements to organizations, especially to Small and Medium-Sized Enterprises (SMEs), in terms of their level of innovation. Hence organizations in order to survive and to remain in the market not only have to constantly create innovations in products, but also to implement legal measurements that allow these to protect intellectual property rights for innovations, this mainly because it will allow these to stimulate and enhance innovation activities. Therefore, in this research a sample of 125 manufacturing SMEs in the Aguascalientes state, México, was obtained in order to identify the relationships between intellectual property and innovation. The results obtained show that registration of patents, trademarks and image investment, as well as intellectual property have a positive and significant influence on innovation.

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