Recent research publications

Inngot has led several influential and informative research studies in the UK and internationally. Here are some selected highlights.

Inngot research

At Inngot we strive to bring IP to the forefront of the business ecosystem. We are well versed in working with organisations, governments and professional bodies to deliver cutting-edge research projects to shine a spotlight on the importance of intellectual property and intangible assets.

Unlocking IP-backed Financing Series 2024

Unlocking IP-Backed Financing Series: Country Perspectives The United Kingdom’s Journey

(UK IPO, 2024)

Explores the UK perspective on IP and intangible asset trends and characteristics, and the relationship between IP and business finance. It continues with a brief summary of the options available to SMEs seeking to utilize their IP to raise finance that have emerged in recent years. The report will then offer an overview of relevant rules and regulations, and the organizations responsible for setting them. It also summarizes the preferred legal frameworks for taking security over IP, and the main non-regulatory obstacles an SME is likely to face when trying to raise finance using these assets. Thereafter, this report sets out what UK IPO and its partners have done to address the regulatory and non-regulatory hurdles that prevent more widespread use of IP in finance, and identifies the key stakeholders involved in the journey to date. It evaluates some successes that have been seen, and points toward the IPO’s ongoing work in this space.

Secured lending for SMEs - making effective use of registries and intangibles - OECD 2022

Secured lending for SMEs: Making effective use of registries and intangibles

(OECD, 2022)

Explores two interrelated aspects of leveraging movable assets to facilitate access to finance: first, the implementation of collateral registries for movable assets, and second, the collateralisation of intangible movable assets. Both dimensions are supported through a case study approach. The studies reveal increasing policy interest in supporting the use of intangibles in secured lending activities, especially in light of the growing importance of these assets. They explore successful interventions which support lender confidence and are deliverable at scale to the companies and sectors which can have the greatest economic impact, i.e. SMEs. The report was written by Martin Brassell, CEO of Inngot, and Kris Boschmans, now of the European Future Innovation System (EFIS) Centre, and published by the OECD in its SME and Entrepreneurship Papers series.

Fostering the Use of Intangibles to Strengthen SME Access to Finance - OECD - 2019

Fostering the use of intangibles to strengthen SME access to finance

(OECD, 2019)

Sets out how intangible assets can be relevant for SMEs to obtain external funding; the challenges and opportunities in this area; and the rationale for policy intervention. It provides some policy trends from a selected group of countries and concludes with some issues to be considered by governments to foster the use of intangibles for SME access to finance. Research covers policy approaches and private sector activities in countries including China, Japan, Korea, Malaysia, Singapore, France, Italy, the United Kingdom and the United States. It was written by Martin Brassell, CEO of Inngot, and Kris Boschmans, policy analyst at the Centre for Entrepreneurship, SMEs and Local Development, part of the Organisation for Economic Co-operation and Development (OECD).

Hidden Value - UK IPO - 2017

Hidden Value: A study of the UK IP Valuation Market

(UK IPO, 2017)

Investigates why comparatively few companies routinely examine the financial value of their intellectual property and intangible assets market. The 140 pp report is co-authored by Inngot CEO Martin Brassell and Dr Jackie Maguire of Firm Advantage, formerly CEO of Coller IP Management. The report investigates the structure of the market, the drivers for IP valuation, the barriers to more efficient functioning, and potential solutions to overcome them. In the process, it estimates the extent of IP valuation activity in the UK, the approaches used, and the question of competition. It concludes that there is room for further education and additional incentives, including more focus on lending and investment, and sets out the need for dialogue between agencies, accounting and industry bodies on ways to introduce voluntary IP statements.

Accounting for innovation 2016

Accounting for Innovation: A pilot study of UK small and medium-sized enterprises and their intangible assets

(ACCA, NESTA, AIM, 2016)

This report takes a look at how the 'invisible gold of innovation' can be measured and accounted for. It builds upon the findings from our 2015 report, 'Innovation, Intangibles and Integrated Reporting'. Innovation is fundamental to competitiveness and economic growth; it matters to firms of all sizes. Innovation not only leads to growth and competitive advantage, but it also underpins economic and social wellbeing. Yet return on innovation is extremely difficult to measure. How should this invisible gold be measured? How should it be accounted for and how can firms leverage finance against intangible assets?


Penalty Fair? Study of criminal sanctions for copyright infringement available under the CDPA 1988

(UK IPO, 2015)

Is a study of the criminal sanctions available under the Copyright, Designs and Patents Act 1988, focusing especially on the different regimes applicable to online and physical infringement. The report is co-authored by Martin Brassell and Dr Ian Goodyer, both of Inngot. This report formed the basis for a consultation exercise on amending UK copyright law.

intangibles ea malaysian smes

Innovation, intangibles and integrated reporting; a pilot study of Malaysian SMEs

(ACCA, 2015)

Documents a pilot study of Malaysian small and medium sized enterprises establishing their capacity to identify investment in innovation. The report is co-authored by Inngot CEO Martin Brassell and Dr Benjamin Reid of Nesta, the UK’s innovation charity.

Watch a video of the launch event explaining the scope and findings of this work here.


Banking on IP? The role of intellectual property and intangible assets in facilitating business finance

(UK IPO, 2013)

Investigates the role of IP in facilitating business finance. The 224 pp report is co-authored by Inngot CEO Martin Brassell and Kelvin King of Valuation Consulting. At its publication, Business Secretary Vince Cable commented: “Too often, through risk aversion or banks’ conservative lending practices linked to property as security, IP is not catered for by traditional bank lending. Intellectual property is too important an asset to be undervalued by banks who are the main source of finance. That is why I commissioned a report to explore how we can improve SMEs’ access to capital. We will look carefully at its recommendations in order to better support this country’s creators and IP-rich businesses.”

Special assignments

Inngot has undertaken IP policy work for a range of clients, including government-funded programmes. Here are some examples.

The National Corporate Innovation Index (NCII)

Inngot was retained by the Malaysian Innovation Agency, AIM, to provide specialist advice on intangible assets in 2013/14, working with the UK’s innovation charity, Nesta. The NCII project concerned the development and calibration of a tool to quantify the ‘return on innovation’ being achieved by participating Malaysian PLCs.

Innovate UK Knowledge Exchange Hub Logo

The Beacon Project on Intellectual Property and Open Source (Creative Industries Knowledge Transfer Network, 2011)

Inngot has provided ongoing intellectual property support for the experimental business models being developed by four university consortia, sponsored by the UK Arts & Humanities Research Council, all aimed at establishing new ways for businesses and academics to co-create.

Arts and Humantities Research Council logo

Knowledge Exchange Hubs, 2013-15

Inngot has provided ongoing intellectual property support for the experimental business models being developed by four university consortia, sponsored by the UK Arts & Humanities Research Council, all aimed at establishing new ways for businesses and academics to co-create.

Work with Inngot on a research assignment

We're always interested to hear about your project and how we can support with our knowledge and experience in the commercialisation of IP

Articles and publications

As well as work commissioned by government agencies and industry bodies, Inngot has also demonstrated its leadership in the IP policy debate by initiating publications of its own.


Oxford Journal of legal studies secured financing of intellectual property assets

Inngot co-founder Professor Iwan Davies has published a number of articles and books on secured financing. One of the key articles to understand the basis on which IP can be used as security for financing is set out in his 2006 paper for the Oxford Journal of Legal Studies Secured Financing of Intellectual Property Assets and the Reform of English Personal Property Security Law (Volume 26, Issue 3, pp 559-583).

Economic Approaches to IP

Economic approaches to intellectual property

Inngot CEO Martin Brassell co-authored a work for Oxford University Press, published in Spring 2016. Economic Approaches to Intellectual Property was written jointly with Dr Nicola Searle of Goldsmiths College, formerly a member of the UK Intellectual Property Office’s economics team, and investigates the effect IP has on markets and society.