{"id":23287,"date":"2013-12-04T06:42:31","date_gmt":"2013-12-04T06:42:31","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=23287"},"modified":"2013-12-04T06:42:31","modified_gmt":"2013-12-04T06:42:31","slug":"of-course-the-uk-doesnt-really-exploit-innovation-it-just-registers-it-for-tax-purposes","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/12\/04\/of-course-the-uk-doesnt-really-exploit-innovation-it-just-registers-it-for-tax-purposes\/","title":{"rendered":"Of course the UK doesn&#8217;t really exploit innovation &#8211; it just registers it for tax purposes"},"content":{"rendered":"<p>The Guardian is offering clear messages on the failed direction of UK economy this morning. <a title=\"Britain\u2019s busy making a bubble\" href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2013\/12\/04\/britains-busy-making-a-bubble\/\" target=\"_blank\">I've already noted one<\/a>. Here's <a href=\"http:\/\/www.theguardian.com\/science\/2013\/dec\/03\/graphene-wonder-substance-uk-economy\" target=\"_blank\">another headlin<\/a>e:<\/p>\n<h1 itemprop=\"name headline  \"><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/12\/Screen-shot-2013-12-04-at-06.38.36.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-23288\" alt=\"Screen shot 2013-12-04 at 06.38.36\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/12\/Screen-shot-2013-12-04-at-06.38.36.png\" width=\"558\" height=\"238\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/12\/Screen-shot-2013-12-04-at-06.38.36.png 698w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/12\/Screen-shot-2013-12-04-at-06.38.36-300x128.png 300w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/12\/Screen-shot-2013-12-04-at-06.38.36-200x85.png 200w\" sizes=\"auto, (max-width: 558px) 100vw, 558px\" \/><\/a><\/h1>\n<h1 itemprop=\"name headline  \"><\/h1>\n<p>Of course the UK can't and won't develop graphene further. It may put a patent in an offshore tax haven regarding its use, but that's as far as UK aspiration now goes.<\/p>\n<p>When tax planning to exploit a rent (and in economic terms a patent royalty is a rent) is believes to be the most important activity in the UK innovation and well-being dies with it.<\/p>\n<p>That's the point we've reached.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Guardian is offering clear messages on the failed direction of UK economy this morning. I&#8217;ve already noted one. Here&#8217;s another headline: Of course the<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/12\/04\/of-course-the-uk-doesnt-really-exploit-innovation-it-just-registers-it-for-tax-purposes\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-23287","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/23287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=23287"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/23287\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=23287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=23287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=23287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}