The Economics, Research and Evidence (ERE) team at the Intellectual Property Office (IPO) is pleased to start blogging under the category 'IPO Facto'. We will use this blog as a place to discuss the economics of intellectual property (IP) and its role in promoting innovation and providing evidence for IP policy. Blogging will be done by the group of government economists who form the ERE team. Posts will address research commissioned by the IPO, relevant events and topics on the economics of IP.
Why the name 'IPO Facto'? Well, in true economics fashion, we decided to incentivise innovation by holding an internal competition. The result was cumulative innovation (innovation that builds on previous innovations) as one colleague suggested 'Ipso Facto' and another further innovated with 'IPO Facto'. Our name reflects the process of innovation and creativity incentivised by IP, and our research providing an evidence base to inform IP policy.
Our aim is provide at least two blog posts per month, although that may fluctuate. As the IPO is a government agency, we are bound by government guidelines and will be moderating comments.
We hope you find IPO Facto an accessible place to learn about and discuss the economics of IP, and very much welcome your input.
If you have questions or feedback, do comment on this blogpost and we'll do our best to respond.