Real Clear Policy: Handing China Innovation Leadership by James Edwards
If you really wanted to beat China as global leader in emerging technologies, you’d be sure your top innovators had the property-rights and free-market incentives and rewards to win that competition. But the European Commission (EC) is moving in the opposite direction.
The EC has proposed a regulatory framework that will hamper standard-essential patents (SEP). These patents are linked to technologies adopted as consensus-based standards. Voluntary participants in private standards-development organizations determine the best technologies for achieving optimal functionality and widespread interoperability.