25 / 11 / 2020
The European Commission (EC) on 25 November 2020 adopted a new Action Pan on Intellectual Property aiming at helping companies, especially small and medium-sized companies (SMEs), to make the most of their inventions and creations and ensure they can benefit our economy and society.
According to the EC, the Action Plan aims at enabling the European creative and innovative industry to remain a global leader and at speeding up Europe’s green and digital transitions. More precisely, the Action Plan sets out key steps to: improve the protection of IP; to boost the uptake of IP by SMEs; to facilitate the sharing of IP to increase the technological uptake in the industry; to fight counterfeiting and improve the enforcement of IP rights; and to promote a global level playing field. The coronavirus crisis has also highlighted certain dependencies on critical innovation and technologies so the Action Plan addresses these challenges while making sure that critical IP can be made available in time of crisis.