GLOBAL PROGRAMME LAUNCHED TO DEFINE INTELLECTUAL PROPERTY

davidlammyA new programme launched on 26 November 2009, aims to create greater understanding of the value of intellectual property and  how IP underpins the UK’s Knowledge Economy.Launched by the Rt Hon David Lammy MP, Minister of State for Higher Education and Intellectual Property, the major international programme and research agenda will investigate issues seen as vital to our economic well being. This report sees the Strategic Advisory Board for Intellectual Property Policy (SABIP) and the Intellectual Property Office (IPO) building on a programme of work defined in June by a Forum of international experts from around the world.

Rt. Hon. David Lammy

To drive this work forward – as outlined in The Economic Value of Intellectual Property: Research Agenda and Plan of Action - they are establishing a number of national and international partnerships and work to clarify the role of IP in innovation and economic growth has already begun.

David Lammy, said, “Maximising the value of intellectual property is vital to the creative and innovative growth of the UK economy. Globalisation and the digital revolution are making us re-examine the current IP system and opinions are divided on how fair and useful it remains. This new research agenda looks to fill the gaps in our knowledge and provide a better understanding of the impact of IP on innovation and growth of the UK.”

 To begin to turn the research agenda into tangible and deliverable research, SABIP and the IPO can also announce:

  • That they will partner with the UK Innovation Research Centre (UK~IRC) to deliver focused policy events and fellowships to begin seeding research projects.
  • Work with National Endowment for Science, Technology and the Arts (NESTA) and other partners to build on their Innovation Growth Accounting framework to quantify intellectual property rights within the wider economy.
  • Conduct value chain analysis to assess how copyright value-chains or networks are affected by digital media and the implications of this for copyright law

Joly Dixon, Chairman of SABIP, said:

“SABIP was set up just over a year ago to provide the independent research needed to inform IP-related policy making.

 “And this ambitious but achievable new research agenda will provide the conceptual framework, reliable data, and analysis that has not to-date existed in this field of work. I hope it will encourage others, not only in the UK but around the world, to collaborate with us in this work”

Economic growth is dependent on technological change and wider creativity, both of which are key drivers of innovation. This research agenda aims to generate a better insight into the relationship between intellectual property rights (IPRs) and innovation and how these influence economic growth – information which will provide the robust evidence-base needed to underpin policy-making.

For further information, or copies of the report, contact Salma Khan on salma.khan@sabip.org.uk or 07810 481732.

  1.  The research will look at the following:
  • The overall role of IPRs in the knowledge economy.
  • How far the IPR system gives incentives to creativity and innovation.
  • How far the IPR system restricts the ability of firms and individuals to benefit from new ideas.
  • How intellectual property (IP) rights impact on the inventive and innovative process.
  • The economic value of copyright, trademarks, and trade secrecy.
  • The effects of alternative and non-existent, intellectual property rights systems, including open innovation, on the strength of economies.
  • The potential for tailoring the IP system for different sectors.

2.   Other projects by SABIP are currently underway to understand consumers’ changing attitudes and behaviours in the digital age, and others to deepen our understanding of how small and medium size businesses use the intellectual property rights system.

3.   Knowledge Economy - HM Treasury Economic Working Paper no 1 (2007) sets out a definition of the knowledge economy for the UK. (http://www.hm-treasury.gov.uk/d/pbr_csr07_macroeconomic333.pdf ). This captures the investment firms make in knowledge assets (R&D, software, design, new business models, reputation, skills) and shows that it now surpasses investment in physical assets. Building on this work, Imperial College London and ONS show, in NESTA’s Innovation Index, that investment in knowledge accounts for two thirds of UK market sector economic growth since 2000. The trend was given a major boost in the 1990s by increasing availability of information and communications technologies, increasing connectivity over the internet, and by globalisation of markets due to national and international deregulation.   

4.   Intellectual Property Office – is an operating name of the Patent Office. It is an Executive Agency of the UK Government’s Department for Business Innovation and Skills (BIS)   and a Trading Fund. As part of BIS, the IPO is responsible for the role of IP rights in supporting innovation and reports to David Lammy, the Minister of State for Higher Education and Intellectual Property.

5.    SABIP’s mission is to provide strategic, independent and evidence-based advice to Government on intellectual property policy, covering all types of intellectual property rights. SABIP was formally established on 2 June 2008 following a recommendation in the Gowers’ Review of Intellectual Property published in December 2006. The Gowers’ Review identified the need for an organisation designed specifically to provide a strategic overview of policy and to advise on how the UK’s interests should be pursued in international IP negotiations.

6.    SABIP is an independent, Non-Departmental Public Body with the Intellectual Property Office (IPO) as its sponsoring agency. The IPO is an Executive Agency of the UK Government’s Department for Business Innovation and Skills (BIS) a Trading Fund. As part of BIS, the IPO is responsible for the role of IP rights in supporting innovation and reports to David Lammy, the Minister of State for Higher Education and Intellectual Property.

Further Information Economic Value of IP Research Agenda & Plan of Action

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