The Government wants the UK to be the most innovative economy in the world and be the best place in which to start and grow a business. The UK’s world-leading IP framework has a key role to play in this.
As part of the Industrial Strategy the Intellectual Property Office (IPO) carried out a call for views seeking ways to maximise the incentives of the IP system to stimulate collaborative and increase licensing opportunities for IP rights. A number of interventions were implemented as a result to ensure that the IP framework continues to underpin and support the UK’s innovation economy.
The IPO has made it a priority to explore the opportunities and challenges posed by emerging technologies and has also worked with industry to address issues outlined in the Sector deals such as that of the Creative Industries. In addition, the IPO has been working to integrate IP into the developing Local Industrial Strategies under the Place Foundation.