Mar 1, 2015

TTIP: Microtechnology companies welcome reduction of trade barriers but criticize IP and investment protection

Mar 1, 2015



TTIP: Microtechnology companies criticize IP and investment protection
 
The possible benefits of the Transatlantic Trade and Investment Partnership (TTIP) most often mentioned by the European microtechnology companies are an elimination of tariffs and a reduction of administrative barriers. SME that have already entered the US market are more often looking forward to more transparent import regulations, easier access to orders as well as a better protection of Intellectual Property rights and investments in the US than those without US market activities.
 
IP and investment protection, however, are also issues that make the industry doubt the all-over benefit of TTIP for European high-tech SME. The companies are especially bothered by the differences in the patent laws of the US and Europe, which would put European companies at a disadvantage, and the uncertainties concerning investment protection – a topic which is still waiting to be negotiated.
 
Source: IVAM Survey 2015

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