The Economic Impact Of Intellectual Property Rights (IPR) On Small And Medium Enterprises (SMEs) In India

Intellectual Property Rights (IPR) play a crucial role in fostering innovation, competitiveness, and economic growth, especially for Small and Medium Enterprises (SMEs) in India. This study explores the economic impact of IPR protection on SMEs, analyzing how patents, trademarks, copyrights, and geographical indications contribute to business growth, market expansion, and financial performance. By leveraging secondary data from government reports, industry surveys, and case studies, this research examines the extent to which Indian SMEs utilize IPR and the challenges they face in securing and enforcing intellectual property. The findings highlight the role of IPR in enhancing SME competitiveness, attracting investment, and driving economic sustainability, while also identifying barriers such as high registration costs, lack of awareness, and weak enforcement mechanisms.