Harness IP Special Counsel John White was recently interviewed by Kluwer Patent Blog about the start of the Unitary Patent (UP) system and its implications for both American patent filers and the European marketplace.
The new system, which takes effect June 1, creates a unified patent filing process and protection standard in as many as 25 European nations. The system is expected to provide huge cost advantages and reduce administrative burdens for inventors. The European Patent Office (EPO) will act as a one-stop-shop for Unitary Patent submissions.
“Patenting is about possibilities being maintained for future use, i.e., a hedge against future events and outcomes,” White says. “If there is no right, there is no hedge. The UP simply makes keeping that possibility of ‘rights’ across Europe far more obtainable than in the past.”
White gives a thorough look at the ease with which businesses will be able to protect their IP and outlines the potential economic influence of the system on European economy. “This is a big event with big economic consequences. Europe could reconstitute their economic relevance around it.”
Kluwers Patent Blog is a publication of Kluwer Law International. It provides information and news on European patent law as well as relevant U.S. cross-border matters. The full text of John’s interview can be found here.
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Harness IP is celebrating more than 100 years as an intellectual property law firm. Founded in 1921, the firm currently holds a No. 2 ranking from IAM Media for providing counsel to 44 companies with the largest portfolios of issued U.S. patents. The firm also ranks No. 6 for filing the most patent applications on behalf of those companies. Harness IP’s attorneys and IP professionals focus exclusively on patents, trademarks, global IP management, litigation and other IP rights. The firm has offices in metropolitan Dallas, Detroit, St. Louis, and Washington, D.C. Visit www.harnessip.com for more information.