Assessing the Impacts of EU Regulatory Barriers on Innovation

This report summarises the results of the study 'Assessing the impacts of EU regulatory barriers on innovation'. To obtain the necessary data, a European-wide survey was conducted in 2016. This study focused on four sectors: energy, food, health and water. Each of these four sectors addressed the innovation system and regulatory framework, alongside questions on challenges, innovation drivers and barriers. While regulatory barriers to innovation were identified for the whole economy as well as within the four sectoral studies, the overall impact of regulation on innovation is predominantly neutral to positive. The main regulatory barrier identified concerns 'conflicting regulation' rather than a single type of regulation. The study also found that compliance with regulation creates innovation, with a net gain of EUR 3-6 billion per year in additional innovation investments and in terms of employment a net gain of 120 000 additional jobs. Removing existing regulatory barriers could release up to EUR 4-8 billion on general innovation investment per year.

Read the full report here.

Client: European Commission, Directorate-General for Migration and Home Affairs

Year: 2017

Optimity Contact: Mirja.Gutheil@optimityadvisors.com

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