EurActiv: Study: Fragmented EU patent system impedes innovation
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Started by: zoobabzoobab
Date: 09 Dec 2008 11:07
Number of posts: 1
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Summary:
The existing intellectual protection (IP) system, under which companies have to file a patent in every EU member state, is "a telling example” of the Union's fractured regulatory framework, argues the study presented at last week's IP Summit in Brussels. The lack of a Europe-wide Community patent poses "incredible challenges" for small businesses and undermines the EU's goal of becoming the most competitive knowledge-based economy in the world, according to a new study. [...] To bypass the EU regulatory framework, many innovative companies and especially SMEs end up "skipping" the European market by applying for a patent in the US, Jonathan Zuck of the Association for Competitive Technology (ACT) told EurActiv.
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