The IP100 results are in and we are delighted to announce that LUX have been ranked in 2nd place. It means a great deal to us to be recognised as an IP rich business and to be part of an initiative to promote a culture of forward-thinking and innovation in the UK.
The IP100 is the UK’s first Intellectual Property League table which ‘aims to assist SME’s across the UK to recognise the true potential and value of their intellectual property’. The IP100, compiled by Metis Partners and BQ live, and sponsored by Clydesdale and Yorkshire banks, considers 5 key IP asset classes – Brand & reputation, Patents, Critical Databases, Software and Trade secrets.
Innovation and IP are the life blood of LUX and we believe they are intrinsic to our success. As such, IP is considered a core business asset and incorporating IP into our company culture and business models has been vital. In particular, Trade Secrets and their protection form a fundamental part of our IP management strategy and it has been important for us to establish a strong trade secrets culture within LUX.
Congratulations to all the businesses that ranked on the IP100 and to all that were shortlisted. We hope that the league table inspires businesses in the UK to recognise the importance of innovation and exploitation of their intellectual property assets.
The LUX team.