Panel III - Regulatory Problems for the Implementation of Invention
Paper N3.5 - Necessary policy measures to speed up innovation
promotion in EU countries
Humphris Colin, CEFIC, Belgium
Abstract: CEFIC in its Barometer of Competitiveness has
identified the distortions in the process of innovation dissemination
in the EU countries due to the exaggerated regulatory measures in
regard to the introduction of the new processes and products to
the market. Paper will concentrate on the authors' experience of
the process of innovation from science to profitable business. It
will draw on the work of the Chemicals Innovation and Growth Team
2002 in the UK where recommended new ways forward for the industry
in UK. The conclusions will be given why the efforts of the UK Government
fall short for the chemical industry. This will be related to the
EU Commission's Framework of 6 Program in regard to the to stimulation
of the innovation. Improvement of the situation and achievement
of the standards of other regions e.g. USA requires special policy
measures to be adopted to promote innovations through more intensive
implementation of inventions remaining at present at the shelves.
Paper will present number of obstacles and propose changes in regulatory
measures.