Commission proposes new European Innovation Act
The European Commission proposed the European Innovation Act to help Europe's most innovative companies grow across borders and compete globally. The proposal addresses two main challenges: helping innovative companies access financing and establishing a common procedure for R&D procurement. Measures include a common EU framework for intellectual property valuation, a digital marketplace for IP transactions, and simpler cross-border R&D procurement. The Commission expects around €35 million in administrative cost savings and €10.2 billion per year in additional IP-backed financing.
Impact and considerations
The Act could reduce compliance costs for innovative companies raising cross-border finance and conducting R&D procurement in the EU, with indirect effects on business travel and investment in technology, life sciences and clean mobility.
Key points
- The European Commission proposed the European Innovation Act to help Europe's most innovative companies grow across borders and compete globally.
- The proposal addresses two main challenges: helping innovative companies access financing and establishing a common procedure for R&D procurement.
- Measures include a common EU framework for intellectual property valuation and a digital marketplace for IP transactions.
- The Commission expects around €35 million in administrative cost savings and €10.2 billion per year in additional IP-backed financing.
- The Commission also proposed a Council Recommendation on regulatory sandboxes to create a common reference framework.
Sources and time
- Primary source
- European Commission
- Other sources
- 0
- First source publication
- 9 Sept 2026, 06:00
- Page published
- 12 Sept 2026, 00:19
- Last updated
- 9 Sept 2026, 06:00
- Original links
- European Commission Press Corner：Commission proposes new European Innovation Act (opens in a new tab)Primary source · en · Published 9 Sept 2026, 06:00