More must be done to make the UK a world leader in intellectual property and an attractive place for knowledge-led businesses to invest in, a new CBI report says. Ripe for Success: making the UK the place to develop and exploit IP sets out six actions to boost business. Recommendations include extending the R&D tax credit scheme, introducing a "royalty box" system that levies lower taxes on revenues from IP areas such as drug patents, and providing a one-stop-shop service for investors in IP industries.
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