American instability opens the door to European innovation – European patent leader

Europe must seize the opportunities emerging from the evolution of the dynamics of global trade in order to regain the loss of competitiveness, said the president of the European Patent Organization.

Antonio Campinos has said that Europe has lost productivity and competitiveness over the past two decades, and at the same time has focused too much on the design of regulations while paying less attention to innovation.

“We have lost productivity when we compare ourselves to the Chinese and the United States,” he said.

“We have lost proactivity in the past 20 years,” he told Euronews Europe conversation.

In addition, campinos have said that the European approach to developing new technologies is too opposed to risk; Shake experiment and new ideas, for fear of failure.

This contrasts strongly with the approach adopted in the United States, according to Campinos, where fear of failure is not a factor when attempting to invent new products.

And it was this difference that has enabled the United States to take a significant momentum in front of Europe with regard to emerging technologies, including AI.

“We have a different risk appetite from that of the United States, for example. The United States is not afraid of failure. Failure for the United States is the first attempt at success,” he said.

The European Patent Organization has 39 members, including Turkey and Norway.

It receives around 200,000 requests per year; A figure overshadowed by the United States and China figures.

“If you compare yourself to the United States, which receives 600,000 requests or in China, 1.5 million requests,” he said.

Campinos agrees with an increasing consensus according to which European regulations went “too far” in a direction, without balance the need to support inventors to create and stay in Europe.

“For example, if you take our rules of competition law or competition, they are there to protect free competition-it's a good thing. They are there to protect consumers,” he said, adding: “Tell me, how many technology giants we have in Europe, in the IT zone, for example? How many major cloud service providers we have, in Europe?”

However, he also believes that some of the current instabilities triggered by a more protectionist America and the confrontation of the Trump administration with its largest markets on prices will bring the opportunity for Europe in difficulty, if the leaders and decision -makers are ready to seize the moment.

“The need brings ingenuity and we need it, we need it deeply,” he said.

“Humanity is never as creative as when it is in need and we need it, the feeling of urgency is there.”

He says that European stealth and size are essential to its survival.

“We are strong in Europe. We are always a great economic power.”

“And now, with geopolitical tensions, we could even have a strategic opportunity to attract talent, to attract researchers, to attract talented people from the United States to Europe,” he said.

The EU Draghi Report on the future of European competitiveness commanded by the Chairman of the Ursula Von Der Leyen Commission called for an annual investment of 800 billion euros in the high -tech sectors and the radical regulation reform.

Draghi also warned that Europe could die a “slow and scary death” if the productivity crisis continues to ignore.

Campinos agrees with the need for Europe to invest more at home and to preserve European startups.

“The Americans have a logo. They say, invented here, produced here. So we have to start thinking in the same way. What is invented in Europe must be produced in Europe,” he said.

TRUMP trade tensions and prices mean that Europe must diversify into new markets and continue to exchange with China, according to campinos.

“We cannot count now exclusively on the United States to protect ourselves or to exchange with us. We owe our partnerships diversity.”

Europe must “extend our free trade agreements with natural partners”.

“I would say that Canada, for example, Mexico, therefore in the north of the United States, in the south of the United States and obviously China,” he said.

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