The Executive Vice-President of the European Commission for Technological Sovereignty, Security and Democracy, Henna Virkkunen, said today that good regulation also serves as a solid basis for innovation.
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10/11/2026
by
Lusa
A vice-President of the European Commission for Technological Sovereignty, Security and Democracy, Henna Virkkunen, said today that good regulation also serves as a solid basis for innovation.
“ People have the impression that, in a way, innovation and regulation are opposite things, but I believe that good regulation also serves as a solid basis for innovation,” said the responsible, who spoke on the Web Summit, taking place until Thursday in Lisbon, on the panel “Has Europe’s technology moment arrived?”.
For Henna Virkkunen, “it is essential that people can trust these technologies.”.
At the same time, “it is essential that our regulation be in favour of innovation” and that it encourages it, offering “security to innovative and investors”, so that they know what the rules are and where the risks lie, continued.
European laws, in the digital sphere, “are currently focusing on digital markets, digital services and also on AI [artificial intelligence],” Henna Virkkunen said
The central objective is to ensure “an environment that is fair, transparent, democratic and safe,” he concluded.
Another edition of the Web Summit started on Monday in Lisbon, with one of the largest technological summits to be concluded next Thursday.
The first Web Summit in the Portuguese capital took place in 2016 and the event is guaranteed until 2028.