Europe follows US

Patenting Biotechnological Inventions in Europe and the US

Biotechnology is a new technique for industries and specialists and is making astounding progress. Advances in biotechnology are so rapid that many things are now possible, which, even a few years ago, would have seemed unimaginable.2 It is a type of genetic engineering in medical and veterinary research resulting in modified productions and improved animal breeds.3 It is the use of microorgani...

Financial Market Integration in the US : Lessons for Europe ?

The introduction of the euro is expected to increase capital mobility in Euroland. While, as in the US, a common monetary policy is now performed, institutional structures are inherently more heterogenous. This paper argues that experience of the US with financial market integration can potentially serve as a benchmark for the integration effects. The paper finds that, despite the restrictions ...

Automatic Stabilizers and Economic Crisis: US vs. Europe

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are absorbed in the EU, compared to...

First US - Europe High Speed Flow Field Database

Procuring Personalized Medicine Patents In US Vs. Europe

Law360, New York (July 20, 2015, 9:56 AM ET) -Personalized medicine has been interchangeably called precision, tailored, targeted or genomic medicine. Broadly speaking, personalized medicine is individualized medicine that customizes medical treatment to a patient’s genetic characteristics, previous treatment history, lifestyle, environment and/or preferences. Simply put, it provides the right ...