( May 28, 2025, 10:39 GMT | Official Statement) — MLex Summary: The European Commission has launched a new strategy to support EU startups and scaleups. The strategy introduces rules to reduce the cost of failure by tackling areas such as insolvency, labor and tax law. It also features a “European business wallet” to enable digital interactions between businesses and public administrations via a unified digital identity. The commission plans include the commercialization of research through stronger intellectual property frameworks, including licensing, revenue-sharing and equity participation for academic institutions and inventors. Progress will be tracked with global performance indicators, with a full implementation report due by the end of 2027.See press release attached….
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