Intellectual property rights play an important role in promoting innovation and protecting investment, in particular in the digital and green economy. That is why the European Commission works to harmonise and enhance laws relating to intellectual property rights in the EU, and to ensure that a level playing field is available at global level.
A reliable intellectual property (IP) framework is the best way to harness creativity and enable innovative enterprises to grow. Without the protection of ideas, businesses and individuals would not reap the full benefits of their inventions or creations, and would focus less on research and development.
IP is also a key lever to support EU resilience and economic recovery in times of crisis. But at the same time, access to IP should be facilitated under fair conditions. The Commission has designed a legal framework and intellectual property system that offers incentives for EU companies to invest in the provision of goods and services with high standards of quality, innovation, design and creativity.
See the state-of-play of the implementation of the key actions mentioned in the IP Action Plan of 2020.
To assume leadership in key industrial areas, improve resilience in times of COVID-19 while making the transitions to a greener and more digital economy, the EU needs to effectively protect and manage intellectual property. In November 2020, the Commission adopted the Communication ‘Making the most of the EU’s innovative potential – An intellectual property action plan to support the EU’s recovery and resilience’.
The action plan presents proposals for specific measures in five key areas
This action plan builds on and enhances the ‘IP package’ of 2017, that included the Communication ‘A balanced IP enforcement system responding to today's societal challenges’ (link). See the press release on the 2017 IP package for more information.
The Commission aims to empower businesses to access and use intellectual property rights more effectively. It