The document compares the intellectual property (IP) value of companies in Greece, Cyprus, and Turkey. It finds that while Greece and Cyprus have been negatively impacted by the financial crisis since 2008, there is still reasonable patent activity in these countries. The analysis shows that Greece and Cyprus have higher IP values per company and employee compared to Turkey. However, all three countries have significantly lower average IP values than the European average. Overall the document concludes that while Greece and Cyprus still show some positive patent activity, they have further progress to make relative to European standards.