Regulatory screening : a short guide on the innovation effects of regulation

The regulatory environment is an important factor influencing the innovation activities of companies and the wider economic system within which they operate. A methodology for assessing the impact of regulation on innovation was developed and applied to two sectors: water and raw materials. Implementing one of the commitments of the Innovation Union, this methodology can now be used to screen the innovation impacts of existing regulatory frameworks in different areas with a view to identifying their effectiveness as catalysts of innovative behaviours. This short guide provides a practical step-by-step approach on how to go about in implementing the methodology in any area.