Research and analysis

Regulator approaches to facilitate, support and enable innovation

The effectiveness of various regulatory approaches in terms of encouraging innovation.

Documents

Regulator approaches to facilitate, support and enable innovation

Details

This research looks at the effectiveness of various regulatory approaches in terms of encouraging innovation. It is based on a literature review and 35 interviews with regulators, government actors, and companies.

The report reviews examples across the following 5 broad types of innovation-friendly approaches:

  • providing regulatory advice to innovators to help them navigate the regulatory system
  • supporting experimentation and testing of innovations using ‘sandboxes’ and ‘testbeds’
  • streamlining regulatory approvals for innovators
  • setting regulatory challenges to boost innovation
  • collaborating internationally on innovation to reduce the burden on innovators trying to sell their product or service in different jurisdictions
Published 28 January 2020