On 22 February 2017, senior consultant Julien Ravet presented key findings from Technopolis Group’s latest study on the impact of regulation on innovation – carried out in collaboration with EY – to the Council of the European Union’s Working Party on Better Regulation.
Technopolis Group has recently carried out a number of studies in the scope of the European Commission’s agenda on Better Regulation. For example, the Cumulative Cost Assessment (CCA) on the EU chemical industry, quantifying the cumulative costs from EU legislation, was published in June 2016 by the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs. An ongoing follow-up study will provide an international comparison of these cumulative regulatory costs with competitors such as China, India and the United States.
Technopolis Group also led a recent CCA of the cost impacts of the most relevant EU legislation and policies for the EU forest-based industries (woodworking and pulp and paper). In addition, the study team has been involved in two ‘fitness checks’ of EU regulation, one on energy legislation, led by Trinomics, and one on chemical legislation (ongoing), led by Amec Foster Wheeler.
The Better Regulation agenda aims to boost openness and transparency in the EU decision-making process, improve the quality of new laws through better impact assessments of draft legislation and amendments, and promotes review of existing EU regulations. The invitation to present came from the European Commission’s Directorate General for Research and Innovation (DG RTD) at the request of the Maltese Presidency of the EU.