Commons Sense

House of Commons · Written Ministerial Statement

Performance Targets for the Intellectual Property Office (an operating name of the Patent Office) for 2022/23

31 March 2022 · Department for Business, Energy and Industrial Strategy

Proposed by George Freeman Con Mid Norfolk

Summarised by AI from the official record, so it can contain mistakes.

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At a glance

Key points

  • The Intellectual Property Office has set performance targets for the fiscal year 2022/23.
  • The IPO will work with BEIS and other organisations to review priorities regularly.
  • The focus is on aligning efforts with government aims and driving UK innovation.

Issue summary

The statement addresses the performance targets for the Intellectual Property Office (IPO) for the fiscal year 2022/23.

Action requested

The minister announces that the IPO has set strategic targets to work with BEIS and other partner organisations to review their priorities regularly, ensuring alignment with government aims and focusing efforts on driving UK innovation and a creative economy.

Key facts

  • The UK is committed to an unprecedented level of public investment in R&D (a 30% increase).
  • The IPO's targets are agreed by Ministers and laid before Parliament.
  • The IPO aims to be the best IP office in the world.
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