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The euro became an international currency when it was created two decades ago. However, the euro's internationalisation … peaked as early as 2005 and it was never comparable to the US dollar. Its international status declined with the euro crisis …, Europe is reflecting on how to promote actively the internationalisation of the euro, to help ensure its autonomy. But …
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This policy contribution by Bruno von Pottelsberghe argues that the number of priority filings should be used as a patent-based measure of Europe's innovation performance. It also identifies several policies that may affect the R&D-patent relationship.
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