Innovation Stress Test for Member States
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Summary
The proposed innovation stress test would examine legislation while it is being prepared or revised, with the aim of making the regulatory framework more innovation-friendly. It forms part of the planned European Innovation Act, which seeks cross-sectoral conditions for bringing innovative ideas to market. The Act is intended to address commercialisation, collaboration, market access, finance, talent, infrastructure, procurement, regulatory sandboxes and coordination of national and EU policies.