Estimating UK investment in intangible assets and intellectual property rights

Estimating UK investment in intangible assets and intellectual property rights
Document type
Discussion paper
Author(s)
Goodridge, Peter; Haskel, Jonathan; Wallis, Gavin
Publisher
Imperial College Business School
Date of publication
1 April 2014
Subject(s)
Trends: economic, social and technology trends affecting business, Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship
Collection
Business and management
Material type
Reports

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This report estimates (a) the level of UK market sector investment in knowledge assets and (b) the proportions of those investments protected by Intellectual Property Rights (IPRs). Estimates for knowledge investment are produced as part of the UK Innovation Index. The main findings are:

  • In 2011 the UK market sector invested £137.5bn in knowledge assets, compared to £89.8bn in tangible assets;
  • Since the recession of 2008-9, intangible investment has recovered and grew in 2010-11. In contrast investment in tangible assets has been flat;
  • In 2011, 48% (£65.6bn) of knowledge investment in the UK market sector was protected by IPRs
  • The majority of IPR investment is on assets protected by copyright (46%), unregistered design rights (21%) and trademarks (21%).

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