Policy brief

Europe should stop taxing innovation

Publishing date
29 March 2010

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.   

About the authors

  • Bruno van Pottelsberghe

    Bruno van Pottelsberghe joined Bruegel as a Senior Resident Fellow in November 2007. His research for Bruegel focuses on the effectiveness of several policy tools (R&D subsidies, R&D tax credits, intellectual property, public research and regulatory policies) aimed at stimulating innovation in Europe.

    He was the Chief Economist of the European Patent Office (EPO) from November 2005 to the end of 2007. Since 1999 he has been a professor at the Brussels‘ University (U.L.B.). As holder of the Solvay S.A. Chair of Innovation, he teaches courses related to the economics and management of innovation and intellectual property.

    He is also an adviser of the President and the Rector of the U.L.B. for technology transfer issues.

     

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