Among small businesses that do not own intellectual property, what is the primary reason why?

Among small businesses that do not own intellectual property, what is the primary reason why?

Respondents: 382 Black small business owners and 756 non-Black small business owners throughout the US | age 18+

Black

Non-Black

Not necessary

43%

45%

Lack of knowledge

29%

19%

Cost

15%

19%

Complexity

6%

8%

Time

5%

8%

Other

2%

1%