And Now Europe Feels The Need To Catch Up To China And The US In The Self-Destructive Patent Race
from the bad-news-for-innovation dept
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.