European Commission: two IP-roadmaps

24-04-2013 Print this page
B912277

Commission Communication on civil enforcement of IP within the Internal Market, MARKT/D3, 03/2013.

“This consultation process started with the publication of the Report from the Commission on the application of Directive 2004/48/EC of the European Parliament and of the Council of 29 April 2004 on the enforcement of intellectual property rights ("Directive 2004/48/EC") in December 2010. The main conclusion drawn from the first evaluation is that the Directive has had a substantial and positive effect on the protection of intellectual property rights by civil law in Europe. However, the Directive was not designed with the challenge posed by the internet and several other issues deserve attention. This is in particular the case for the use of provisional and precautionary measures such as injunctions, procedures to gather and preserve evidence (including the relationship between the right of information and protection of privacy), clarification of the meaning of various corrective measures, including the costs of destruction, and calculation of damages.

[...] The application report regarding Directive 2004/48/ EC and the subsequent public consultation revealed a certain number of shortcomings in the IPR enforcement system in the internal market (e.g. unclear legal provisions, diverging national interpretations/practices, uneven access to justice for SMEs, unsuitability of the legal framework for the digital age etc.). The Communication will give a structured overview of the issues identified, so that they can be addressed by appropriate initiatives subsequently.”

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Commission Communication on better valuation and utilisation of IPRs in the Internal Market, MARKT D3, 04/2013.

“The Single Market Act II recognises the need to encourage investment in intangible assets and to help EU based innovative companies to transform their R&D efforts into competitive gains. While the EU intellectual property acquis establishes measures for the protection and enforcement of intellectual property rights (IPRs), it does not provide guidelines on the cross-border management of these rights that would increase commercial benefits for both innovative enterprises and consumers. The latter could be achieved i.a. by encouraging (i) proper valuation (estimating value) of intellectual property so as to encourage cross-border public and private investment by accepting the use of IP-related assets as collateral, and (ii) cross-border valorisation (maximising profit through efficient management) of IPRs that would increase the competitiveness of European innovative companies. This, in turn, would result in the creation of broader and more easily accessible choice of IP-related goods and services for consumers.

[...] EU IPRs are not being fully exploited within the Internal Market partly because their actual market value is not recognised as collateral against which business credit or venture capital can be raised. The sub-optimal valuation of IPRs is undermining the possibility for innovative and creative SMEs within the European Union to grow and create the sustainable, high quality jobs that the EU requires, in particular in these recessionary times.

This sub-valuation of IPRs results in or is accompanied by a lack of proper valorisation of IPRs: If owners of IPR cannot properly assess its value, it is even more difficult for them to make proper use of it, e.g. by licensing it, by selling it or by using it as collateral in financing deals The Internal Market does not allow for an optimal management of IPRs in terms of offering the most welfare-enhancing licensing opportunities to EU creators and innovators, nor for an efficient cross-border matching between the innovators/creators and potential financiers/licensees. This impedes the mobilisation of the full potential for investment into innovative activities that should play a key role in recreating sustainable growth within the EU."

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