European tech companies and research institutes who believe in the value of intellectual property launch IP Europe
IP Europe press release accessible here: Press_Release_IP_Europe_EN
- A non-profit entity that promotes fair compensation for innovation, balanced opportunities to enter the market, and high quality products at affordable prices for consumers.
- IP Europe sets the stage to promote policies that encourage investment in R&D and restrain technology free-riders fromsecuring unfair access to inventions and R&D efforts made by others.
- IP Europe calls on European Institutions to maintain a high-level protection of intellectual property within the EU and with its trade partners in general and in the context of the Transatlantic Trade and Investment Partnership (TTIP).
Brussels, January 26th 2016
Today Airbus, Ericsson and France Brevets announced the founding of IP Europe, a consensus-based non-profit entity. The initiative is aiming at defending patents rights and protecting fair compensations for innovators, balanced opportunities to enter the market, and high quality products at affordable prices for consumers. IP Europe is supported by other leading innovators such as Alstom, the Fraunhofer Institute, and Orange, along with several ground-breaking European SMEs and research institutes.
IP Europe calls on the EU institutions to adopt industrial strategies – within the EU, with its trade partners and in the context of TTIP – that promote investments in R&D and innovation and that maintain a high level of safeguard for the companies’ intellectual property – all to ensure companies can continue to innovate and invest human capital and financial resources in R&D to the benefit of consumers, business and society.
The launch of IP Europe was announced today at a conference in Brussels where innovative European SMEs and corporate members of IP Europe had the opportunity to meet and share their views with the Ambassador of France to the European Union, Pierre Sellal, the Ambassador of Sweden to the European Union, Anders Ahnlid, the EU Vice President Jyrki Katainen and Members of the EU Parliament and the European Commission.
As recognised by the European Commission, standardisation will be one of the pillars of the future Digital Single market (DSM). According to Boston Consulting Group companies in the mobile industry will need to invest $4 trillion in R&D and capital expenditure to meet the expected demand in connections by 2020. They will do so only if they can obtain a reasonable reward for making their technologies accessible for an entire new ecosystem.
On the occasion of this announcement, the alliance’s members state :
Mogens Peter Carl, Executive Chair of IP Europe and former EU senior trade official, says: “In a knowledge-based economy, a reasonable level of protection of intellectual property is indispensable to promote investment in innovation, ensure fair returns on R&D investments and create highly qualified jobs in Europe. This is why the WTO includes substantial obligations on IP and technical standards. The new IEEE patent rules seem to violate key provisions of these WTO rules of which the EU and the US have been staunch supporters in the past.”
Ulf Ewaldsson, Chief Technology Officer, Ericsson, says: “Our alliance brings together organizations that deem their investments in innovative technologies a priority. Innovation is an essential part of Ericsson’s business and as we are approaching the Networked Society and the new 5G industrial revolution powering intelligent cars, smart energy production, new healthcare solutions, smart buildings and industry 4.0 manufacturing, Europe needs to implement ambitious industrial strategies that promote Intellectual Property and encourage investments in R&D to realize the full potential of the knowledge based economy.”
Rubén Bonet, Chair of the IP Europe SME task force and President and CEO of Fractus (Spain) says: “To us, European SMEs, fair and balanced intellectual property rules must foster an environment beneficial for creativity and innovation. These rules must incentivize SMEs to create new inventions and give them ability to obtain the proper remedies when their inventions are infringed. Otherwise the free rider behaviors will prevail and innovative SMEs are likely to lose all financial means and incentives to endure our research efforts and create high-value jobs.”
Amedeo D’Angelo, CEO of INSIDE Secure comments: « Our company co-invented the NFC technology that insures secure contactless communications and therefore enables payment through smartphones. We spent more than $100 million in R&D investments over 10 years. To allow such investment to sustain, we need a proper IP environment. We expect IP Europe to carry the message that a strong IP environment is crucial for the success of tech companies in Europe. »
Jean-Charles Hourcade, CEO of France Brevets, says : “To invest in R&D it is crucial to know that inventors can obtain a reasonable reward for making your technologies accessible for an entire new ecosystem. Ensuring a virtuous circle of attracting, keeping and fairly remunerating innovators encourages market growth, and is a basic pre-requisite for the Digital Single Market.”