Seanad debates
Wednesday, 5 February 2003
Industrial Development (Science Foundation Ireland) Bill 2002: Second Stage.
Reference was made to intellectual property and patenting. There have been efforts at EU level in the last two years to agree a Community patent. Such a patent has not yet been agreed, however, because of particular interests such as language and location. If we want the EU to be the most dynamic knowledge-based economy in the world by 2010, which is the target set at the Lisbon Summit, something as basic as a Community patent is essential. I hope that great advances in relation to this matter can be made during Ireland's presidency of the European Competitiveness Council early next year. While it is a basic issue on one level, it is vitally important if we want the EU to compete with others in this area.
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