Press release

Specialist advisers protect 拢400 million of UK businesses' intellectual property

Four UK intellectual property advisers based overseas have helped to protect 拢400 million worth of IP assets for UK businesses.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

New figures published today (12 March 2015) show that 4 UK Intellectual Property (IP) advisers 鈥� based in China, Brazil, South East Asia and India - have helped to protect 拢400 million worth of IP assets for UK businesses.

Since 2011 these advisers (IP attach茅s), who provide support for UK businesses seeking advice on local IP matters in country, have also helped 8,400 UK businesses through 350 outreach and education workshops. A further 537 firms have received direct practical support helping them to handle IP issues and protect their investment.

Minister for IP, Baroness Neville-Rolfe, revealed these latest statistics to an international audience at the Taylor Wessing Brands Forum in the City of London, focussing on global IP regimes and brands licensing.

Baroness Neville-Rolfe DBE said:

Boosting trade is vital to our continued economic growth. But operating and investing overseas can be a difficult and daunting process for some. The IP attach茅s are successfully helping UK businesses navigate new markets and are proving a real asset when it comes to helping business protect their IP overseas.

By building effective relationships with IP authorities in emerging markets and intervening on specific issues, the work of the attach茅s is helping to influence the shape of UK trade and protect IP assets worth millions of pounds to the UK economy.

Roland Mallinson, partner at Taylor Wessing said:

The UK鈥檚 intellectual property regime is world leading, as the Taylor Wessing Global IP Index shows.

These figures make for fantastic reading and show the great work that the IP attach茅s do, helping UK businesses succeed in 4 hugely important markets and promoting international trade with the UK.

These latest figures show an increase in the number of UK businesses seeking advice from the IP attach茅 network and the EU-funded IP rights business helpdesks in South East Asia, China and Latin America in the last year. They show that:

  • in 2014 alone, 55 UK businesses have received support from the China IP rights helpdesk
  • 32% of enquiries to the South East Asian IP rights helpdesk since May 2013 have come from UK businesses

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Notes to Editors

  1. The UK Intellectual Property Office (IPO) has 4 attach茅s based in China, India, Brazil and South East Asia, some of the world鈥檚 most challenging and fast growing markets. They work with local UK Trade and Investment (UKTI) and Foreign and Commonwealth Office (FCO) leads to provide support for UK businesses seeking advice on local IP matters in country.
  2. For information on how to contact the IP attach茅s please visit 鈥楿K overseas intellectual property attach茅 network鈥�
  3. The EU-funded IP rights helpdesks provide 鈥榝irst-line鈥� advice on the management, protection and enforcement of intellectual property rights in 3 of the world鈥檚 leading growth markets for UK businesses. They complement the UK鈥檚 IP attach茅 network to provide an all-round service for UK businesses.
  4. UK firms invest more in ideas and knowledge (around 拢126 billion) than buildings and machinery (拢88 billion) annually. Half of this investment is protected by intellectual property rights, which represents 4.3% of UK GDP. Many of these businesses are small and medium enterprises that have chosen to grow their business internationally, particularly in emerging and more unfamiliar markets.
  5. The independent Taylor Wessing Global IP Index 2013 ranked the UK as the best IP regime in the world, and the US Chamber of Commerce ranked the UK鈥檚 enforcement framework as the global leader.

Updates to this page

Published 12 March 2015