Position Paper on the Revision of Communication on IPCEI
Bitkom welcomes the Commission’s initiative to review the Communication on important projects of common European interest (IPCEI). Where private initiatives supporting break-through innovation fail to materialise because of the significant risks such projects entail, the IPCEI communication enables Member States to jointly fill the gap to overcome these market failures, while ensuring that the EU economy at large benefits and limiting potential distortions to competition.
Bitkom explicitly welcomes that existing instruments, such as IPCEIs, are increasingly being used for digital technologies. In order to become more effective, the communication needs to define conditions and criteria matching the realities of global competition and the demands of the innovation cycles of the ITC-industry.