What Now?

What are the Marla Orenstein champions the responsible barriers and opportunities in our regulatory process and development of the West’s natural resources. [...] All risk, no reward for being first b) the need for more experimental spaces such as There is substantial risk for attempting to be first in sandboxes; and c) the need for the regulator to have innovation – it costs more, takes longer and the outcome sufficient time and resources to develop expertise. [...] If the market won’t reward the innovation, and the regulator won’t reward the innovation, why would a company bother? [...] Waning public trust always prepared in the regulator Uncertainty about who regulates Lack of communication between Political expectations new technologies regulator and industry of the regulator Non-harmonized requirements across Innovation culture not diffused Regulators’ mandates limit ability jurisdictions and regulators throughout the regulator to support innovation Fear of raising the bar Nee [...] In an attempt to be flexible and accommodating to Often this means the innovator will not be able to receive a innovation, the language of regulations can sometimes binary yes/no response from the regulator, and instead will be confusing or unclear.