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The Federation Against Software Theft (FAST) has welcomed the announcement from the Prime Minister that IP protection will be reviewed but urged the process to have real teeth.
As part of a speech that outlined ambitions to turn the East End into some sort of home grown Silicon Valley yesterday David Cameron shared some thoughts about protecting IP.
"We are reviewing our IP laws, to see if we can make them fit for the internet age. I want to encourage the sort of creative innovation that exists in America," he said.
Part of making the IP laws fit for the internet age includes allowing more fair use of copyrighted material in the way Google and YouTube have been able to do in the US.
John Lovelock, chief executive of FAST, said the review would be useful but it had to come up with some short term measures which could be implemented now.
"This has the potential to be a critical plank in the future growth of the UK's Innovation and IP economy and with it our future economic success through increased employment and entrepreneurship of world-renowned brand names. I just hope it does not become another talking shop," he said.