The publication ‘Making life better by supporting UK creativity and innovation’, highlights core areas of focus that will help boost economic growth and competitiveness via a world-class Intellectual Property (IP) regime.
- increasingly strong enforcement action against counterfeiters and other IP thieves
- a dedicated programme of IP education for UK businesses and students
- a commitment to joining and shaping an EU-wide patent system that will provide improved protection for UK business across Europe
The strategy, led by Minister for intellectual property Baroness Neville-Rolfe, recognises that despite the UK’s strong IP regime, more must be done to ensure that businesses and individuals are capitalising on their creativity.
In response the IPO has been reaching out to the business community, putting on workshops and seminars explaining the importance of protecting IP rights. In the past year nearly 31,000 business have attended these sessions with 91% reporting an increase in IP knowledge.
Even a modest increase in the registration, protection, and exploitation of IP would contribute to UK job creation and economic growth. For example firms that apply for trade marks are 7% more productive than those that do not.
The IPO’s programme of education and its commitment to digitising and streamlining the application process for all registered rights, will work to address and overcome any accessibility issues.
Baroness Neville-Rolfe, Minister for intellectual property, said:
This government is committed to making the UK the best place in Europe to innovate, patent new ideas and set up and expand a business. This strategy sets out why Intellectual Property is an essential enabler of productivity and growth.