The Copyright, Designs and Patents Act 1988 is the central piece of legislation dealing with innovation and inventions.
Alongside innovation, access to R&D is essential for businesses to develop and stay competitive.
Intellectual property must be protected to encourage innovation.
The UK government encourages innovation and research and development (R&D) projects among businesses. The Department for Business, Innovation and Skills (BIS) is the government department with primary responsibility in this area.
Information on government funding schemes available for innovation is provided on the Business Link website. It also informs on external funding such as loans or equity finance available for businesses seeking to invest in innovation.
Businesses investing in innovation usually conduct R&D activities and can search for business support through Business Link's Grants and Support Directory.