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EU innovation ‘falls short,’ draft report says; Commission to boost patent use

By Inbar Preiss and Oscar Pandiello ( January 24, 2025, 12:58 GMT | Insight) -- The EU must address obstacles to innovation for startups and must close gaps with the US and China, according to a draft of the European Commission’s upcoming report on policies to improve local competitiveness. The report seen by MLex raises concerns that businesses are not taking sufficient commercial advantage of patents.The European Union will need to remove obstacles to innovation faced by startups and other small and medium-sized enterprises if it's to compete effectively with the US and China, according to a draft report seen by MLex. ...

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