05 March 2014
The Intellectual Property Office (IPO) has signed a cooperation agreement with the European Patent Office (EPO) which will serve as a boost to businesses and inventors.
The plan outlines a better working relationship between the two organisations and will also allow UK businesses to have increased access to patent information in Europe, according to the Department of Business, Innovation and Skills (BIS).
The number of European patents granted to UK companies and inventors has increased by 25% over the past five years, and the UK ranked 8th for patent filings at the EPO in 2012.
The IPO says that this investment and the cooperation arrangements will help the office to deliver the high quality and timely services that users expect.
EPO President Benoît Battistelli said: ‘This collaboration between the UK and the EPO will benefit all users of the patent system. I welcome this opportunity for closer cooperation in areas of mutual interest, particularly around patent-related IT services and e-learning tools.’
Minister for Intellectual Property, Lord Younger said: ‘The fact that we have seen a rise in complex patent applications just goes to show that the UK is once again a nation of inventors. Our businesses with a creative and innovative approach are thriving and this agreement is a boost for expanding and marketing their ideas and products into the European market.’