Panel: How to Create a Legal System That Welcomes Disrupting Innovation?

Question: How do we train our public sector to have the ability to analyze the potential gains and losses of upcoming disruptive innovation and do so swiftly?
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The panelists will delve into the challenges faced in ensuring that governments become facilitators rather than barriers to innovation and examine the legal frameworks that can encourage and support innovative initiatives while upholding necessary regulations. The panel aims to uncover strategies to foster collaboration between governments and private sector companies, highlighting the importance of public-private partnerships and the creation of an enabling environment for innovation. The discussion will also address topics such as risk-taking, and the establishment of mechanisms for ongoing dialogue, providing valuable insights into how governments can actively champion innovation in today’s rapidly evolving landscape.

Outlined below are some of the key questions that we intend to explore during the panel discussion:

• What are the key factors that determine whether a government is proactive in driving innovation or inhibits its progress?
• How can governments strike a balance between protecting the public interest and promoting innovation without impeding its growth?
• What are some successful government models from around the world that have effectively fostered collaboration with the private sector in driving innovation?
• What legal frameworks or policies can be implemented to streamline and expedite the process of innovation without compromising necessary regulations?
• How can governments incentivize private sector companies to actively engage in collaborative efforts for innovation?
• What mechanisms or platforms can be established to facilitate ongoing dialogue and collaboration between governments and private sector entities for innovation?
• How can governments encourage a culture of experimentation and risk-taking while ensuring appropriate safeguards are in place?
• Are there any specific case studies or examples where governments have successfully supported innovation through effective collaboration with the private sector?