The problem of “Protecting Intellectual Property” ranks as the 67 most severe problem for small-business owners, five positions lower than in 2008 where it ranked 62nd . Just under 5 percent find it to be a critical problem compared to 34 percent who do not find it a problem at all. Small businesses invent and improve on processes and products to enhance productivity and market share. According to NFIB’s Innovation poll, over 40 percent of owners introduced at least one new or significantly improved product, service, process or design into their sales inventory in the prior year. 14 Most of this.
