At the 2012 Intellectual Property and Innovation Summit hosted by the Lisbon Council, Neelie Kroes, Vice-President of the European Commission (EC) in charge of the digital agenda, kicked-off the Summit with a keynote on Innovation in Creative Industries.
She affirmed that a change is needed in EU copyright regime as Europe is failing to respond to the rapid changes worldwide. “Each day we fail to respond, we are missing out. Consumers miss out on easy, legal access to their favourite products. The creative sector misses out on new markets, new innovations, new opportunities.
We all miss out on new ways to share, recognise, and appreciate our cultural heritage. And our economy overall misses out on the chance of new growth. Even today we see the consequences of that loss. The initiatives we can't seize. The potentially high-flying ideas that get stuck on the runway. The glory and the benefits taken by American companies, not European.
And every day that passes we put ourselves in a yet worse position. I'm afraid Europe can't afford that, not at the moment.”
Ms Kroes said that, although at National level there has been a number of progresses towards this change, “we need a common European solution, to avoid fragmentation and to seize benefits for a European Digital Single Market.” That is why the EC has started a process to assess whether and how the 2001 Copyright Directive needs to be adapted. She concluded that only by taking into account the interests of artists, consumers, businesses and researchers“we can adapt ourselves to the future, and stimulate innovation and growth.”
For further information on Ms Kroes keynotes, please click here.
To access the 2012 Intellectual Property and Innovation Summit and download material, please click here.
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