Better regulations for innovation-driven investment at EU level
On 15 December 2015 the Commission published its staff working document "Better regulations for innovation-driven investment at EU level" as part of the "Better Regulation Agenda". Because innovation is a necessary condition for sustainable growth for Europe, the Commission aims to evaluate the impact of existing or proposed EU regulation on innovation to maximise the way it can support innovation. The Commission Better Regulation procedures and its rolling REFIT programme provide a framework for this work, allowing it to enhance innovation-based opportunities for sustainable growth, jobs and competitiveness. The Commission assumes that a favourable regulatory framework would also enhance the impact of Horizon 2020 financing instruments.