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:

Industry Coalition in Support of MEP Reda’s Report on Copyright

CCIA together with four other industry trade associations issued an open statement Thursday on MEP Julia Reda’s draft report on the implementation of the Copyright Directive. Reda’s draft report is a good first step towards putting the debate around copyright reform on the right track. The report identifies some major shortcomings of Europe’s current copyright framework…

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