UK industry displays its true IP awareness
14th April 2016
In its latest set of survey results, the UK Intellectual Property Office (UKIPO) asked a cross section of UK industry a host of questions about what they know about IP and what they would do about it.
According to this recent Government survey, UK SMEs were found to be amongst the most innovative in the world, but also more likely to miss opportunities to maximise potential return on their investment in innovation by failing to protect their ideas or intellectual property in ways that would help defend against competitors or generate revenue through licensing.
Whilst “94% of respondents thought that it was important for businesses to understand how to protect their IP, only 52% of responding firms had protected some sort of IP.”
Furthermore, just “28% of firms check they are not infringing other people’s IP, the most popular IP management activity amongst respondents.”
Please click on the link below for the full survey.