UK government launches independent review of the Intellectual Pproperty system

The six-month independent review aims to identify barriers to growth within the IP framework, which consists of the rules and regulations covering how IP is created, used and protected.
It will particularly focus on how the IP system can be improved to help the new business models arising from the digital age.

The creative industries including design, digital media & convergence, and service innovation disciplines, are responsible for a significant amount of Intellectual property value-generation for industry.

The internet has fundamentally changed the business landscape. Some sectors, such as the creative industries, have been transformed by it. The intellectual property framework must keep pace where an IP system created in the era of paper and pen may not meet the needs of the digital age.
The future of the economy lies in the highly skilled, technology sectors. For many of those companies their intellectual property is their most valuable asset and must ensure the intellectual property system helps not hinders those companies.

IP generation activities in professional creative industry disciplines manifest in three distinct areas:

1. IP generated or arising from contracts commissioned to creative consultancies from the largest corporate firms down to the smallest start-ups.

2. individual designers and design firms who develop their own new products, services and brands to bring to market through licensing and co-creation deals with route to market partners.

3. digital convergence, content, App, platform, new media and software developers utilizing new technologies in innovative ways.

Maxine Horn, Creative Barcode CEO, comments “The role of the creative industries in the development of IP is often misunderstood or over-looked by industry at large. Yet they are one of the most important contributors to IP generation”.

Creative Barcode™ introduced in September 2010, is the first open-protection, permission based model that attempts to address some of the issues around co-creation and protection of pre-commercialized creative and business concepts. It is also the first model that responds to open innovation that simultaneously supports co-creation, open ideas and knowledge exchange whilst reduces the risk of exploitative activity.

The system utilizes new technology to generate digitally encoded barcodes denoting Originator ownership and usage by permission.

For all but the largest firms, open protection is, currently, the only equitable and economically viable means for creative industries to participate in the open economy.

More Info at creativebarcode.com