Policy paper

Getting smart about intellectual property and intangible assets

To support public services and the wider economy, the government has published a report looking at how to generate greater value from public sector knowledge assets.

• From: HM Treasury
• Published: 29 October 2018

This was published under the 2016 to 2019 May Conservative government

Documents

Getting smart about intellectual property and other intangibles in the public sector: Budget 2018

PDF, 484 KB, 37 pages

Details

Knowledge assets are both undervalued and underexploited in the public sector, and our initial analysis has found that public sector knowledge assets, including intellectual property, are worth at least £150 billion.

This report provides high level recommendations to deliver a smarter approach to managing these assets, to generate economic, social, and financial benefits. The recommendations will be taken forward through an implementation study to report in time for integration with the next Spending Review.

Published 29 October 2018