With 40% of total economic activity in the EU generated by Intellectual Property (“IP”) intensive companies and 35% of all employment – that is 77 million of European jobs – stemming from such industries, Europe needs to maximise the contribution of IP and up its R&D investments to realize the full potential of the knowledge economy.
IP Europe educates European policy-makers and gives a voice to innovative companies, including SMEs, that rely on their R&D investments and their patents to succeed. IP Europe will :
With technology free-riders seeking to access inventions at low cost and relying on the R&D efforts made by others, Europe needs to reaffirm at the highest political level the fundamental right of inventors to receive fair compensation and adopt industrial strategies that encourage more R&D investments by:
European companies face high legal costs to determine the existence of a patent infringement. Reducing enforcement cost and court fees, particularly for SMEs, is key to ensure that innovators may effectively protect their investments.