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Intellectual property advisory board established

11 June 2008

The Strategic Advisory Board for Intellectual Property (SABIP) has been established, a move welcomed by the chief executive of the UK Intellectual Property Office (UK-IPO).

According to the office, intellectual property is an "essential component" in ensuring the future economic prosperity of the UK.

It says the successful translation of creativity, ideas, insights and reputations into value is critical.

Joly Dixon, SABIP chairman, says the organisation will work strenuously to increase the evidence base for policy by offering well-researched and independent advice.

"We live in a knowledge-based economy in which economic prosperity and social wellbeing increasingly depend on our wise stewardship of intellectual property," he says.

"Globalisation, technological change, and changing economic and social structures are challenging many of the past relationships between intellectual property rights and innovation."

SABIP will give the UK-IPO access to independent strategic evidence and advice to help better inform policy making decisions and further develop the understanding of the economics of intellectual property.

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