Restrictive copyright laws could set innovators fleeing from Europe, Lenard Koschwitz, European affairs director at Allied for Startups, tells Amanda Stringfellow.
In September 2016, the European Commission unveiled its proposed update to EU copyright law. Since then it has been criticised by universities, research organisations, startups and other companies, who want less restrictive legislation. They warn that the law will prevent results of text and data mining from being commercialised.
Text and data mining uses a computer to speed-read thousands of articles, extract data and discover connections in texts. The EU risks crippling the use of TDM if legal access to the technique doesn’t extend to innovation, says Lenard Koschwitz, director for European affairs at Allied for Startups. “Under the current proposal, transforming successful research into a business would become impossible,” he warns.