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

EU Industry and Entrepreneurship Commissioner Antonio Tajani. Image: EC

Europe needs to do more to capitalise on its knowledge in critical technologies and prevent know-how draining abroad, warned Commissioner Antonio Tajani, as he launched a new action plan for Key Enabling Technologies (KETs) this week.

The plan aims to boost industry-powered growth in areas of existing expertise such as biotechnology, photonics and nanotechnology by adjusting state aid barriers, refocusing existing funds and promoting training in KETs.  EU patents are increasingly being exploited outside Europe, Tajani claimed at the launch event “We don’t want our know-how to leave the EU,” he said.

To read the full, original article click on this link: Europe failing to reap returns, as its IP in key technologies is exploited by China and Japan - Science|Business