Building on the Seoul Declaration for the Future of the Internet Economy, the OECD's High Level Meeting on the Internet Economy: Generating Innovation and Growth, held in June 2011, highlighted that the strength and dynamism of the Internet depends on its ease of access to high speed networks, openness, and on user confidence.
In the context of this High Level Meeting, representatives of OECD Members, Egypt, and of stakeholders, including the Business and Industry Advisory Committee to the OECD (BIAC) and the Internet Technical Community (ITAC), agreed on a number of basic principles for Internet policy making as an important step in ensuring that the Internet remains open and dynamic.
The policy-making principles were designed to help preserve the fundamental openness of the Internet while concomitantly meeting certain public policy objectives, such as the protection of privacy, security, children online, and intellectual property, as well as the reinforcement of trust in the Internet. Effective protection of intellectual property rights plays a vital role in spurring innovation and furthers the development of the Internet economy. Internet policy making principles need to take into account the unique social, technical and economic aspects of the Internet environment.
It is clear that the open and accessible nature of the Internet needs to be supported for the benefit of freedom of expression, and to facilitate the legitimate sharing of information, knowledge and exchange of views by users including research and development that has brought about widespread innovation to participant's economies.