How to improve the European Patent

How to improve the European Patent: Uploaded on Youtube on 09/09/2011

In the following video created by the UC3M, the professor of Economics Department Alvaro Escribano make some comments about an investigation which analyses how to improve the European Patent system. The possible adoption of a unified patent in Europe put back this current subject; the following video introduces the topic answering a series of questions:

Why a Patent System is useful?

There is an open debate on this question and some controversy.

  • First, the defenders of the system affirm that if there is not recognition of monopoly through patents there will be no promotion of innovation.
  • On the other hand, the detractors think the competition between companies alone generates an innovation process.

What properties must have a Patent System to be efficient?

  • Must be low cost.
  • Should be widely publicized and accessible.