Regulatory barriers and cross-border commercialisation of innovation
Companies, especially young SMEs, face major difficulties when attempting to scale their innovative solutions, particularly when crossing borders and plugging into international value chains, both within and outside the EU. Among the barriers to scaling and commercialising their innovative products, regulatory costs are often cited as important, especially by SMEs. The objective of this report is to contribute to the investigation of administrative, regulatory and legal barriers, hampering the commercialisation and scaling up of six key innovations. The innovations, which were selected on the... basis of their high commercial potential and societal impact in the EU, cover nanomaterials, remanufacturing of cars and their components, up-cycling bio-waste products, home automation, smart textiles and robotics for rehabilitation. This report is distinguished from other earlier works, which cover the whole innovation cycle, by focusing only on the commercialisation phase after the first introduction of the innovation to the market. Thus, the starting point is that the innovative goods or services under consideration already comply with the existing national and EU regulations in the country in which they have been first introduced. However, due to the fragmentation of the EU market, differences in national regulations or the absence of regulations might create additional cost which the company would need to bear when it sells the innovative good or service to the other Member States.