EU Innovation Act

Practical information

• Composition of the study group
• Administrator in charge: Jana VALANT
  Assistant: Catia ZIZZI
• The EESC Youth Test is being applied to this opinion. 
  ESDN Youth (Mr Jozef Šaranko)  was chosen to represent interested youth organisations during the opinion-making process.
• For more information please contact the INT Section Secretariat.

Background

The European Innovation Act aims to create cross-sectoral legal framework conditions to remove barriers for bringing innovative ideas to market in all sectors. It aims to  address issues related to the commercialisation of research results, collaboration between the industry and the academia, access to markets, finance, talent and infrastructures. It focuses on creating more coordinated regulatory, policy and investment framework conditions aimed at bringing innovative solutions to the market across the EU.  Boosting the commercialisation of innovation is important, as the uptake and diffusion of innovative solutions in the EU Single Market is suboptimal compared to Europe’s main global competitors. Europe must also overcome the innovation gap, as well as boost its competitiveness and growth.