Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

European Union lawmakers approved plans to create the first region-wide patent system that leaves the door open for opponents Italy and Spain to join at a later stage.

The European Parliament meeting in Strasbourg, France, today adopted the proposal, allowing supporters of the plan to press ahead without the full support of all the EU’s 27 nations.

“For far too long EU inventors and innovative companies have faced a significant competitive disadvantage compared to their global rivals,” Malcolm Harbour, a U.K. Conservative lawmaker who chairs the assembly’s internal market committee, said in an e-mailed statement. “As China is now a major patenting power, it’s time we took action.”

To read the full, original article click on this link: EU Lawmakers Back Plans to Establish Patent System - Bloomberg

Author: