Firms do t patent every invention. In many cases they rather rely on trade secrecyorothern-legalmeanstoprotecttheirintellectualproperty,i. e. the returns on their investments in research and development (R&D). A patent confers to its ownerthe exclusiverights to prevent third parties frommaking, using, o?ering for sale, selling, or importing for these purposes the patent protected product (Art. 28, Agreement on Trade-Related Aspects of Int- lectual Property Rights (TRIPs)). In exchange for the temporary mopoly which is securedby this protection,the patentee has todisclose the invention in a manner su?ciently clear and complete for it to be carried out by a p- son skilled in the art (Art. 83, European Patent Convention (EPC)). Thus every patent has the drawbackof a possible loss of a techlogicalleadership caused by the mandatory disclosure of formerly proprietary kwledge. The patentee has to fear that this transfer of enabling kwledge included in the patent description may bene?t his rivals by facilitating their rapid catch-up. The relevance and actual enforcement of the disclosurerequirement is und- lined by the European Commission's Green Paper on Invation (European Commission (1996)). In the so-called Route of Action 8 on the promotion of intellectual and industrial property it is stated that a desirable action should be the promotion of patent information services as a method of techlogy watch based, in particular, on the information system set up by the European Patent O?ce (European Commission (1996), p. 42).
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG