Innovation, and the need to support it, will play an even more important role in the future. Europe is facing challengesfrom climate change, possible future pandemics and strategic competition with other regions of the world, but atthe same time needs to create future growth and jobs. IP rights facilitate this innovation by making it possible for theinventors and creators to protect their inventions and creations, helping them to access financing and later earn theirrewards through a succ