4iP Council is a European research council dedicated to advancing knowledge and understanding of intellectual property (IP) and innovation. They collaborate with academia, policymakers, regulators, business stakeholders, educators, and students to develop high-quality academic insight and empirical evidence on topics related to IP and innovation. Their principal activities include conducting robust empirical research and academic studies on policy proposals, the invention process, innovation impact, and IP themes.

By providing fact-based research and education, 4iP Council aims to improve the understanding of how innovation happens. In addition, they work on a range of educational initiatives related to innovation and the strategic use of IP. They also support small and medium-sized enterprises (SMEs) in their understanding and utilization of IP, recognizing that IP is essential for bridging the gap between invention and entrepreneurship.

Overall, 4iP Council's mission is to foster a favorable framework that encourages entrepreneurial spirit and venture funding in complex technologies, ultimately driving social and economic prosperity through innovation