Innovation is far more than invention; it is the creation, implementation, and marketing of new processes, products, and services. Innovation contributes to productivity, economic growth, social benefits, and capacity for future innovation and growth. A wide range of policies are needed to support innovation, since successful innovation depends on people, investment, infrastructure, markets, and freedom to create and act. These many factors and lag times means that innovation policy must take a long-term perspective.

CCIA’s View:

Encouraging innovation should be a paramount policy goal in all policy domains, not just those that are traditionally linked to it, such as the funding of basic research, patents, and technology transfer. Policies should take a long-term view attuned to future innovators, rather than rewarding past innovators. The former are likely to be underrepresented, while the latter have usually reaped the benefits of innovation and are able to make their needs heard. Policies should recognize that innovation practices and patterns vary widely – especially across different industries – and that digital technology is playing a major role in enabling new forms of innovation.

 

Most Recent Statements:

Senators Introduce Startup Act 2.0

Four Senators have introduced bipartisan legislation this week designed to improve the environment for startup businesses in the U.S.  The Startup Act 2.0 would create an entrepreneur’s visa for legal immigrants to remain in the US and start up a business as long as they hire a certain number of American workers.  The bill would…

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Trend Towards Copyright Reform For The Benefit Of Innovation Continues in Europe

As Europe debates the balance of intellectual property rights in the wake of ACTA, Ireland is taking comments through the end of this month on a paper it published on copyright and innovation. Despite the various pressures to increase copyright enforcement online without due regard for negative side-effects, it is very encouraging to see that…

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