The Hargreaves report on intellectual property, published last week, is a landmark in the evolution of British policy. Ian Hargreaves concludes the existing intellectual property regime, far from being a spur to innovation and growth, gets in the way. The contrast between this document and the paper on the digital economy Lord Carter prepared for the last Labour government could hardly be more marked. Mr Hargreaves deplores the way government policy has been led by business interests and not evidence of its effects. The Carter report, unintentionally, illustrated his point in every chapter.