Well, you had to know this was coming. When you make the very dangerous mistake of assuming that patents are a proxy for innovation, then you get concerned when other countries/regions are getting more patents than you are. We've already covered how China is ramping up their patent approvals in an attempt to create an economic weapon against the West ("sorry, you can't sell those computers here, they violate the patent of this Shanghai firm..."). And, of course, the US has stupidly fallen into line and started approving patents willy-nilly to keep up. So, over in Europe, overreacting bureaucrats are about to make the same mistake. They've declared that the EU is "falling behind" in innovation (really, patents) and are urging a more streamlined patent system that would be European-wide. The idea, of course, is that with a EU-wide patent system, it becomes easier to get patents. Of course, that only helps innovation if patents actually lead to more innovation and, sadly, the evidence suggests otherwise.
If you liked this post, you may also be interested in...
- Bringing Transparency Back To The Patent System With 'Innovation Cartography'
- Latest TPP Leaks Reveal That US Is Isolated In Its Desire To Push Through Corporate Exceptionalism
- Why The USTR Is Working So Hard To Kill American Innovation And The Economy
- Supreme Court To Hear Key Case On Software Patents That Appeals Court Couldn't Figure Out
- Joe Biden Tells Chinese Citizens To 'Challenge The Government,' Neglects To Mention His Administration Doesn't Like Being Challenged