Innovation is the single most important driver of societal prosperity and is indispensable for sustainable development and economic growth. Without innovation European industry will lose its competitive advantage and attractiveness for investment and fall behind other economies. The ERF Innovation Principle introduces a balance to regulatory measures ensuring continuity of innovation while maintaining a high level of risk management.
|Joint Statement on the Innovation Principle from the European Risk Forum, Business Europe and the European Roundtable of Industrialists|
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|ERF Presentation on Innovation and the Management of Risk: The Innovation Principle|
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