The open letter to David Cameron, Nick Clegg, George Osborne, Vincent Smith and Jeremy Hunt is a response to the Hargreaves Report, which called on measures to be taken to protect intellectual property, and an attempt to keep the pressure on Ministers.
"Innovation and commercialisation by digital businesses is a key component of Britain's economy and will play an ever-more important role in years to come," states the letter.
"In the interest of ensuring that Britain has a dynamic, world-leading digital economy, it is essential that the government heed the Hargreaves report closely and implement its recommendations thoroughly," it adds.
Among the recommendations from the Hargreaves report, the signatories are urging the government to adopt the following measures including: prohibiting copyright exceptions from being overridden by contract, enabling licensing of orphan works and giving the Intellectual Property Office (IPO) the power to issue statutory opinions to help clarify copyright law.
The letter also called for more support for an EU framework to protect copyright and the moves being made by the European Commission to establish cross-border copyright licensing.
The signatoriesof the letter included: Ian Ryder, deputy chief executive, BCS - The Chartered Institute for IT; Jeff Lynn, chairman of The Coalition for a Digital Economy; Elizabeth Varley, CEO and co-founder of TechHub; and Barry Vitou and Danvers Baillieu, founders of Bootlaw.