‘Banking on IP’ Report: Lenders’ lack of IP knowledge could hold back business growth

Posted on 6 Dec 2013 by Callum Bentley

Karl Barnfather, chairman at Withers & Rogers, calls on his firm’s experience in patent and trademark law to address the fact that UK lenders’ lack of knowledge about intellectual property value could hold back business growth.

A Government-backed report released by the UK Intellectual Property Office (UKIPO) has concluded that banks are out of step in the way they value intellectual property (IP). Traditional lending criteria urgently needs updating to support innovation in the UK economy by ensuring that IP is recognised as a valuable business asset. The report highlighted that the…

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