media centre

How many times have you wished you'd had the benefit of foresight or hindsight when making business decisions? Speak to one of our experts today.

IP Investment Exceeds Physical Investment

Anyone doubting the importance of intellectual property (IP) in the modern economy will be surprised by the contents of a recent report from the Intellectual Property Office that investment in research and development, software and design in 2014 was, at £133 billion, greater than investment in tangible assets such as machinery and property.

There are special tax allowances for some forms of IP investment.

Interestingly, however, only slightly more than half of the intangible assets have IP protection, and the IP protection of half of those assets is by way of copyright, which is automatic.

The report could lead one to the conclusion that firms are investing considerable sums in IP but failing to take necessary steps to protect their investment.

Close

How can we help?

Please fill in this form and we'll get back to you as soon as possible.

Please enter your name
Please enter your phone number
Please enter your email address
Please let us know how you heard about us
Please enter your enquiry
One more thing... Please enter the verification code
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.