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Sports equipment: A thriving EU sector that’s only ‘fouled’ by counterfeits
The sports equipment sector is a successful €7.5 billion business in Europe which employs 43,000 workers in 4,271 companies — most of which are small and medium enterprises. According to the European Trademark Office OHIM, this sector would be even more successful were it not for counterfeits in the market, which divert €500 million in sales and have a ripple effect of 2,800 job losses throughout Europe.
Oktoberfest 2015: No beer without patents
The Munich Oktoberfest which gets underway this week is not just for beer lovers — it has much to offer technology fans too. A search in the patent database of the European Patent Office (EPO) shows that the festival's beer tents house a wide range of inventions of different types. "Behind every litre of beer there are between 15 and 25 patents relating to beer production alone," says Ralph Schneid, product manager at Krones AG, which develops and manufactures machinery and equipment for processing, filling and packaging. "But if you include the process for getting beer to the tent and into the glass, then the number of patents is much higher."
Global Innovation Index 2015: Developing country innovation on the rise, IP has a ‘vital role’
Switzerland, the UK, Netherlands, Sweden and the United States held the top spots in the 2015 Global Innovation Index released today by WIPO, INSEAD and Cornell University, but developing countries are closing the gap. Participants at today’s report launch in London explained that in every country, a variety of economic, business, societal and policy factors drive innovation, including intellectual property (IP).
European Clothing Industry Depends on Effective Brand Protection for Revenues, Jobs
The EU’s market for production, wholesaling and retail trade in clothing, footwear and accessories is a major economic force in the EU – representing a €275 billion sector that depends heavily on trademark and other intellectual property protection for its success.
Top European Innovators Receive Awards, Highlight Innovation Trends
Eighteen European companies received awards in Thomson Reuters’ annual Top 100 Innovator companies presentation in Paris on 2 July. Seven of the awarded companies were from France, five from Switzerland, four from Germany and one each from the Netherlands and Switzerland.