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innovation companies EU must patent more to safeguard innovation say companies  
Europe beats US back in software patent war anon May 18 2004 EUROPEAN Union governments are preparing to endorse extended patent protection to help companies such as Nokia and Siemens counter US domination of the $US60 billion ($87 billion) software sector. Protection on inventions combining software and machinery, such as code that reduces battery consumption on mobile phones or measures humidity in washing machines, will probably be approved by EU industry ministers at a meeting on May 17 in Brussels, says Sinead Ryan, a spokeswoman for the Irish government, which will chair the meeting. A lack of uniform rules in the 25-nation bloc means US companies such as Microsoft are leading European firms in patenting software, some executives say. That puts Ericsson, the world's biggest maker of wireless networks; SAP, the number-one business management software maker; and other EU businesses at a disadvantage when negotiating technology licence agreements. Industry ministers must act to safeguard innovation in Europe , says an April 13 letter from chief technology officers of 10 European companies, including Siemens, Nokia and Philips. Failure to agree would undermine our licence agreements, the letter says ...
 
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