Utility and industrial design, patent, trademark or copyright are increasingly inflected terms not only of large companies, but are increasingly becoming a natural vocabulary of small and medium-sized companies. Entrepreneurs are aware that investment in the protection of intellectual property is necessary both with regard to the elimination of future risks and in terms of increasing the value of the company's assets and thus the overall value of the company. Investing in research and development in relation to the activity of new competition and new opportunities are pragmatic reasons why entrepreneurs today consider the management of intellectual property as one of the priorities and implement it in their strategic plans. In the Czech Republic, the number of patents and utility models has been declining in recent years. On the other hand, there is a growing trend for companies investing in science and research. In 2019, for the second year in a row, expenditures exceeded CZK 100 billion. In relation to GDP, R&D expenditure in 2018 increased from 1.9% to 1.94% in 2019. The achieved results of this growing trend in practice will only be verifiable and measurable in a few years. The impetus for companies to invest in science and research is also the long-term innovation strategy of the Czech Republic Country For The Future 2019 - 2030.