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Europe should stop taxing innovation

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  • Bruno van Pottelsberghe

Abstract

In this Policy Brief, Bruegel Senior Fellow Bruno van Pottelsberghe makes the argument in favour of a single EU patent system. The author explains that the absence of a one-stop-shop for EU-wide patents hampers innovation and will pose serious challenges to small and medium-sized companies in the face of global competition. This paper analyses how a uniform patent system can sustain long-term competitiveness and boost growth and thereby achieve EU2020 targets. It makes policy recommendations in four key areas of a single patent system - language, complexity, affordability and governance.

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Bibliographic Info

Paper provided by Bruegel in its series Policy Briefs with number 396.

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Date of creation: Mar 2010
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Handle: RePEc:bre:polbrf:396

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Cited by:
  1. Carlo Altomonte & Tommaso Aquilante & Gábor Békés & Gianmarco I.P. Ottaviano, 2013. "Internationalization and innovation of firms: evidence and policy," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 28(76), pages 663-700, October.
  2. Roberta Piergiovanni & Enrico Santarelli, 2010. "The More You Spend, the More You Get? The Effects of R&D and Capital Expenditures on the Patenting Activities of Biotechnology Firms," JRC-IPTS Working Papers on Corporate R&D and Innovation, Institute of Prospective Technological Studies, Joint Research Centre 2010-06, Institute of Prospective Technological Studies, Joint Research Centre.
  3. Maurseth, Per Botolf & Svensson, Roger, 2012. "Micro Evidence on International Patenting," Working Paper Series, Research Institute of Industrial Economics 934, Research Institute of Industrial Economics.

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