The coalition plays a vital role in supporting the growth of the innovation ecosystem by fostering collaboration across various sectors. Its primary goal is to strengthen connections between enterprises, research institutions, and public bodies. In this context, promoting best practices and developing smart legislation are crucial steps in creating a supportive environment for innovation.
The IP Box project, initiated by the Coalition for Polish Innovations, is an excellent example of this approach. IP Box is a special taxation system applied to income generated from intellectual property. With this initiative, the Coalition seeks to create an encouraging environment for innovative companies, helping them protect their intellectual property rights.
The Coalition serves as a platform that brings together various stakeholders, including companies, research institutions, local governments, and other organisations, to build a robust network. Through mutual support, these entities share knowledge, experience, and resources, accelerating the pace of innovation.
By promoting standards of good practice, the Coalition demonstrates its commitment to transparency, ethics, and efficiency within the innovation ecosystem. This approach helps build trust among participants, which is a crucial factor for the success of such collaborations.
The Coalition advocates for smart legislation that not only regulates the business environment but also encourages innovation. Examples include tax reliefs, reduced bureaucracy, or financial incentives for innovative companies. The IP Box project is a prime example of smart legislation that stimulates growth and encourages investment in research and development.
In summary, the Coalition plays a crucial role in supporting the innovation ecosystem by fostering strong connections between the public sector, private sector, and research institutions. Projects like the IP Box result from concerted efforts to create an environment that supports entrepreneurship and innovation in a country or region.