EU Patents 5x Higher than US Patents
Submitted by Anonymous on Mon, 01/16/2006 - 12:00pm.
The U.S. Patent System isn't the only Patent System considered to be problematic, according to a FT.com article.
According to a recent study commissioned by Brussels, the cost of registering patents across the EU typically varies between €37,500-€57,000 ($45,500-$69,200). By contrast, the cost of registering a US patent is about €10,000 - a factor often cited by Brussels officials as part of the explanation for the EU's failure to improve its levels of innovation.
Tags: patent, patents, intellectual
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