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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.

Suggested Citation

  • Bruno van Pottelsberghe, 2010. "Europe should stop taxing innovation," Policy Briefs 413, Bruegel.
    • Handle: RePEc:bre:polbrf:413
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