News story

IP for a creative and innovative UK Strategy 2024 to 2027

How we are going to deliver our mission to grow the UK economy by providing an IP system that encourages investment in creativity and innovation.

The new IPO strategy, IPO 2027: IP for a creative and innovative UK was published today. It sets out a refreshed mission for the organisation to help people and businesses grow the UK economy by providing an IP system that encourages investment in creativity and innovation. And it sets out the framework of how it will deliver this mission, through:

  • high-quality, efficient and accessible services; and
  • policy which supports innovation and the wider economy; through
  • a high-performing organisation with skilled people connected by shared purpose

Chief Executive, Adam Williams, welcomed the publication and said:

We recognise that the world continues to change rapidly and, since our last strategy, we have gone through a period of significant change. We have developed a new way of working following the Covid pandemic, started our Transformation programme and experienced seismic shifts in the global economy. So, it feels right that we need refresh our mission and sharpen our focus.

As an ambitious organisation, there is so much we want to achieve and we need to prioritise to help us deliver even more effectively. Our new strategy sets out our course to do this.

Over the next three years the IPO will complete its work to transform the way it delivers its services for its customers as well as realising the potential of its data to maximise the value of IP to society and the economy.

The policy decisions of the IPO have an impact on a wide range of sectors, so basing this work on solid evidence is essential. Doing this will ensure that UK IP legislation incentivises innovation and creativity while ensuring IP rights are respected with effective enforcement both nationally and internationally.

Through the IPO’s contribution to wider discussions on global trade and the international IP system it will also support innovation at home and abroad.

By ensuring the IPO is a high-performing organisation it will do more for its customers and stakeholders. It will continually improving things though a flexible and adaptive approach.

The IPO’s Corporate Plan, which will provide more detail on how it will deliver its mission in the coming year, will be published on 8 May.

Published 2 May 2024