<abstract xmlns="http://www.w3.org/1999/xhtml"><p> In February 2013, the European Union successfully completed more than 30 years of negotiations and formally signed an agreement establishing a single European patent. The agreement brought about a more competitive patent law compared with that in the United States and Japan. The agreement resulted in a number of advantages, especially for small and medium-sized enterprises, such as the reduction of costs by as much as 80%, simplification of procedures, and the adoption of the Unified Patent Court. With the new unitary patent, intellectual property will grow in importance. Yet experts warn that the new patent results in new forms of unwanted behavior, such as forum shopping and the emergence of patent trolls. This study presents both sides-the pros and cons-to predict the effects on business and cover the widest possible range of experts, providing their views on the topic.</p></abstract>

In February 2013, the European Union successfully completed more than 30 years of negotiations and formally signed an agreement establishing a single European patent. The agreement brought about a more competitive patent law compared with that in the United States and Japan. The agreement resulted in a number of advantages, especially for small and medium-sized enterprises, such as the reduction of costs by as much as 80%, simplification of procedures, and the adoption of the Unified Patent Court. With the new unitary patent, intellectual property will grow in importance. Yet experts warn that the new patent results in new forms of unwanted behavior, such as forum shopping and the emergence of patent trolls. This study presents both sides-the pros and cons-to predict the effects on business and cover the widest possible range of experts, providing their views on the topic.

Advantages and Disadvantages of the Single European Patent / Prednosti in slabosti enotnega evropskega patenta

Šarhova ulica 5, Radlje ob Dravi, Slovenia

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

In February 2013, the European Union successfully completed more than 30 years of negotiations and formally signed an agreement establishing a single European...

Advantages and Disadvantages of the Single European Patent / Prednosti in slabosti enotnega evropskega patenta

Published Online: Apr 23, 2015

Page range: 24 - 34

Received: Feb 01, 2015

Accepted: Mar 01, 2015

DOI: https://doi.org/10.1515/ngoe-2015-0007

Keywords
Single European patent, single patent court, reduce costs, patent trolls, simplified procedures, forum shopping, European Union

© 2015

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Advantages and Disadvantages of the Single European Patent / Prednosti in slabosti enotnega evropskega patenta

Published Online: Apr 23, 2015

Page range: 24 - 34

Received: Feb 01, 2015

Accepted: Mar 01, 2015

DOI: https://doi.org/10.1515/ngoe-2015-0007

KeywordsSingle European patent, single patent court, reduce costs, patent trolls, simplified procedures, forum shopping, European Union

© 2015

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Single European patent, single patent court, reduce costs, patent trolls, simplified procedures, forum shopping, European Union