IP Europe launches policy recommendations
for the next EU five-year term to help make Europe the world’s leading digital
[Brussels, 11.07.2019] IP Europe – a coalition of R&D intensive organisations in Europe whose inventions are protected by Intellectual Property Rights (IPR) – has launched policy recommendations calling on European policymakers to prioritise IP protection at the highest political level within the EU and with its trading partners. Additionally, it asks the EU to help create a global level playing field for European IP intensive industries, including for Small and Medium-size Enterprises (SMEs).
Mingorance, Executive Secretary of IP Europe, said:
“Only a strong commitment to IP protection will create sustainable growth
opportunities for the innovative companies and SMEs. Without new industrial
policies that prioritise IP protection in the global marketplace, IP-intensive
industries and European innovation are under threat. This is key if we want
Europe to become the world’s leading digital innovation ecosystem.”
IP Europe’s policy recommendations include:
Ensure IP protection becomes a political priority at the highest level:
Call on EU trading partners to maintain a reciprocal high level of IP protection consistent with their international commitments.
Promote reciprocity so that EU public procurement opportunities remain open to third country companies so long as these countries grant EU companies a similar privilege.
Make access to publicly funded R&D to third country companies conditional to European companies having equivalent access to that company’s domestic R&D funding programmes.
Give SMEs a fair chance to grow and compete globally:
Promote innovation incentives including R&D tax credits for Europe’s innovators, and the use of patents as collateral for bank loans so that European SMEs remain competitive with their counterparts in other regions.
Mobilise up to €150 million per year – €1 billion over 7 years – through the InvestEU budget and corresponding national funding mechanisms, to finance patent generation, advisory services on IP-led growth strategies, and attract more investors that can finance the growth of innovative European businesses.
Ensure that IPR enforcement in all jurisdictions remains affordable to SMEs so they can challenge patent infringers who profit from their inventions without a licence. These pro-SME measures should take inspiration from the SME-specific provisions already included in the Uniﬁed Patent Court system.
CEO of Fractus, and IP Europe’s SME Chair, said: “A
European industrial policy that promotes and protects Intellectual Property
will create the virtuous circle of innovation and investment needed for
Europe’s research and development-intensive SMEs to become the industrial
champions of tomorrow.
community needs support to develop the IP-led growth strategies that will give
them the security and access to finance to scale-up. Policies that support fair
access to justice for SMEs will also help to overcome the threat posed by
patent infringers who
use patented innovations without paying for them, taking advantage of SMEs’ inability
to pay sky high legal fees.”
As well as global
leaders in research and development, like Europe’s cellular telecommunications
industry, the EU is home to countless SMEs that share the ambition of scaling
up and becoming global champions. Their ability to protect their IP – often the
result of expensive and lengthy R&D work – as well as to grow and compete,
would be greatly enhanced by a coherent pro-IP industrial strategy that
supports a virtuous circle of innovation and investment.