9 INNOVATION VERSUS REGULATIONJANUARY 2016
Technology on its own is not a source of disruption. It is a combination of technology and business model innovation that unseats today’s dominant players and creates new markets and supply chains.
When looking at business model innovation, the role of regulation is an important brake, but it can also be an enabler of change. I suspect that 2016 will be a year in which regulatory models will be central to the speed and direction of some potential growth markets.
Take, for instance, commercial drones. In the USA, there is an attempt to stop Federal Government from regulating drones, and a proposed fee for registering drones is being described as a drone tax.
I have seen a wonderful rant that argues ...
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