The Challenges For British Businesses When Protecting Their IP Rights Post-Brexit

In the current environment of constant development of digital technology, shaking the foundations of all sectors, intellectual property rights are playing an increasingly fundamental role in the technology industry.

Industry sectors such as FinTech and MedTech are growing at a very fast pace, delivering disruptive innovation for the respective industries.  The value of the IP of any given business is a key influencer of the total value of the business itself.  Investors usually want to make sure the value of the IP is secure before purchasing or investing in any company.   Also, when the business is eventually sold the value of the IP is a big consideration.  IP protection ensures a competitive edge for businesses, inasmuch that it plays a major part in preventing copying and counterfeiting of products and can become a revenue stream in the shape of licensing agreements the third parties.