{"id":17956,"date":"2013-12-20T08:57:30","date_gmt":"2013-12-20T07:57:30","guid":{"rendered":"https:\/\/www.fondazionebassetti.org\/non-categorizzato\/2013\/12\/the_innovation_principle"},"modified":"2013-12-20T08:57:30","modified_gmt":"2013-12-20T07:57:30","slug":"the_innovation_principle","status":"publish","type":"post","link":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle","title":{"rendered":"The Innovation Principle"},"content":{"rendered":"

Recently twelve of Europe’s largest corporations submitted a letter to the European Commission <\/a>, urging them to adopt an “Innovation Principle” to be taken into full consideration during policy and legislative processes.<\/p>\n

The Innovation Principle is described as being simple, ‘whenever precautionary legislation is under consideration, the impact upon innovation should also be taken into full account in the policy and legislative process’.<\/p>\n

The corporations argue that recent developments in risk management and regulatory policy may hinder economic stimulation. They argue that risk is inherent to innovation, and that innovation faces being stifled by the need to adhere to the precautionary principle.<\/p>\n

As the letter states, ‘the stakes are high’, although the authors are referring to financial stakes and not risks, and the letter demonstrates the friction caused by the EU’s application of a precautionary principle approach.<\/p>\n

The letter has a series of key recommendations attached. These include the reduction of regulatory burdens, the protection of commercially confidential information, the full inclusion of relevant expertise, and the inclusion of balance and proportionality together with precaution in a formal regulatory framework.<\/p>\n

Interested readers might like to read the letter in conjunction with the Late Lessons From Early Warnings report<\/a>, the basis of much of the current EU strategy. <\/p>\n

————-<\/p>\n

(photo: Global metallic network<\/a> by fdecomite from Flickr<\/em>)<\/p>\n

————-<\/p>\n","protected":false},"excerpt":{"rendered":"

\"cc<\/a><\/div>\n
\n
Read also: Risk and Responsibility in Innovation.<\/a><\/div>\n<\/div>\n","protected":false},"author":19,"featured_media":23466,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[2763],"tags":[3933,4135,4629,4008,3940,1510,3996,2893,3971],"class_list":["post-17956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live_archive","tag-redazione_fgb_en","tag-business_en","tag-early_warnings_en","tag-european_commission_en","tag-innovation_en","tag-innovation_and_politics","tag-politics_en","tag-precautionary_principle","tag-risk_en"],"acf":[],"yoast_head":"\nThe Innovation Principle - Fondazione Giannino Bassetti<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Innovation Principle - Fondazione Giannino Bassetti\" \/>\n<meta property=\"og:description\" content=\"Read also: Risk and Responsibility in Innovation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle\" \/>\n<meta property=\"og:site_name\" content=\"Fondazione Giannino Bassetti\" \/>\n<meta property=\"article:published_time\" content=\"2013-12-20T07:57:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2022\/06\/17956_cc-by_fdecomite-flickr-130.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"578\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Redazione FGB\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Redazione FGB\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle\"},\"author\":{\"name\":\"Redazione FGB\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#\\\/schema\\\/person\\\/afc79f410c72338ff829d54ba15987e7\"},\"headline\":\"The Innovation Principle\",\"datePublished\":\"2013-12-20T07:57:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle\"},\"wordCount\":221,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/17956_cc-by_fdecomite-flickr-130.jpg\",\"keywords\":[\"@Redazione FGB\",\"business\",\"early warnings\",\"European Commission\",\"innovation\",\"innovation and politics\",\"politics\",\"precautionary principle\",\"Risk\"],\"articleSection\":[\"Live-Archive\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle\",\"url\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle\",\"name\":\"The Innovation Principle - Fondazione Giannino Bassetti\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/17956_cc-by_fdecomite-flickr-130.jpg\",\"datePublished\":\"2013-12-20T07:57:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle#primaryimage\",\"url\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/17956_cc-by_fdecomite-flickr-130.jpg\",\"contentUrl\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/17956_cc-by_fdecomite-flickr-130.jpg\",\"width\":1024,\"height\":578},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/live_archive\\\/2013\\\/12\\\/the_innovation_principle#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Innovation Principle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#website\",\"url\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\",\"name\":\"Fondazione Giannino Bassetti\",\"description\":\"Fondazione Giannino Bassetti\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#organization\"},\"alternateName\":\"FGB\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#organization\",\"name\":\"Fondazione Giannino Bassetti ETS\",\"alternateName\":\"FGB\",\"url\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/logo696x696.jpg\",\"contentUrl\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/logo696x696.jpg\",\"width\":696,\"height\":696,\"caption\":\"Fondazione Giannino Bassetti ETS\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en#\\\/schema\\\/person\\\/afc79f410c72338ff829d54ba15987e7\",\"name\":\"Redazione FGB\",\"url\":\"https:\\\/\\\/www.fondazionebassetti.org\\\/en\\\/author\\\/redazione_fgb\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Innovation Principle - Fondazione Giannino Bassetti","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle","og_locale":"en_US","og_type":"article","og_title":"The Innovation Principle - Fondazione Giannino Bassetti","og_description":"Read also: Risk and Responsibility in Innovation.","og_url":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle","og_site_name":"Fondazione Giannino Bassetti","article_published_time":"2013-12-20T07:57:30+00:00","og_image":[{"width":1024,"height":578,"url":"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2022\/06\/17956_cc-by_fdecomite-flickr-130.jpg","type":"image\/jpeg"}],"author":"Redazione FGB","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Redazione FGB","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle#article","isPartOf":{"@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle"},"author":{"name":"Redazione FGB","@id":"https:\/\/www.fondazionebassetti.org\/en#\/schema\/person\/afc79f410c72338ff829d54ba15987e7"},"headline":"The Innovation Principle","datePublished":"2013-12-20T07:57:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle"},"wordCount":221,"publisher":{"@id":"https:\/\/www.fondazionebassetti.org\/en#organization"},"image":{"@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle#primaryimage"},"thumbnailUrl":"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2022\/06\/17956_cc-by_fdecomite-flickr-130.jpg","keywords":["@Redazione FGB","business","early warnings","European Commission","innovation","innovation and politics","politics","precautionary principle","Risk"],"articleSection":["Live-Archive"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle","url":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle","name":"The Innovation Principle - Fondazione Giannino Bassetti","isPartOf":{"@id":"https:\/\/www.fondazionebassetti.org\/en#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle#primaryimage"},"image":{"@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle#primaryimage"},"thumbnailUrl":"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2022\/06\/17956_cc-by_fdecomite-flickr-130.jpg","datePublished":"2013-12-20T07:57:30+00:00","breadcrumb":{"@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle#primaryimage","url":"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2022\/06\/17956_cc-by_fdecomite-flickr-130.jpg","contentUrl":"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2022\/06\/17956_cc-by_fdecomite-flickr-130.jpg","width":1024,"height":578},{"@type":"BreadcrumbList","@id":"https:\/\/www.fondazionebassetti.org\/en\/live_archive\/2013\/12\/the_innovation_principle#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fondazionebassetti.org\/en"},{"@type":"ListItem","position":2,"name":"The Innovation Principle"}]},{"@type":"WebSite","@id":"https:\/\/www.fondazionebassetti.org\/en#website","url":"https:\/\/www.fondazionebassetti.org\/en","name":"Fondazione Giannino Bassetti","description":"Fondazione Giannino Bassetti","publisher":{"@id":"https:\/\/www.fondazionebassetti.org\/en#organization"},"alternateName":"FGB","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fondazionebassetti.org\/en?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.fondazionebassetti.org\/en#organization","name":"Fondazione Giannino Bassetti ETS","alternateName":"FGB","url":"https:\/\/www.fondazionebassetti.org\/en","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fondazionebassetti.org\/en#\/schema\/logo\/image\/","url":"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2025\/09\/logo696x696.jpg","contentUrl":"https:\/\/www.fondazionebassetti.org\/wp-content\/uploads\/2025\/09\/logo696x696.jpg","width":696,"height":696,"caption":"Fondazione Giannino Bassetti ETS"},"image":{"@id":"https:\/\/www.fondazionebassetti.org\/en#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.fondazionebassetti.org\/en#\/schema\/person\/afc79f410c72338ff829d54ba15987e7","name":"Redazione FGB","url":"https:\/\/www.fondazionebassetti.org\/en\/author\/redazione_fgb"}]}},"_links":{"self":[{"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/posts\/17956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/comments?post=17956"}],"version-history":[{"count":0,"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/posts\/17956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/media\/23466"}],"wp:attachment":[{"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/media?parent=17956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/categories?post=17956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fondazionebassetti.org\/en\/wp-json\/wp\/v2\/tags?post=17956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}