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Performance Targets for the Intellectual Property Office (an operating name of the Patent Office) for 2022/23
31 March 2022
Type
Written Ministerial Statement
Department
Department for Business, Energy and Industrial Strategy
At a Glance
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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Assessment & feedback
Summary accuracy