As innovative entrepreneurs push products and services beyond imagination to benefit consumers, regulations tend to fall behind. One solution that is being experimented with in the states and abroad is a regulatory sandbox, where entrepreneurs and incumbents alike are allowed to try out new ideas and innovations in hopes of making a breakthrough, while also giving regulators a better look into the data driving the innovations of the future. Will and Caden discuss this and more in this week’s episode of the Exformation podcast.
- Ivo Jenik, Briefing on Regulatory Sandboxes, UNSGA (2017) [Link].
- World Bank: What have we learned from sandboxes? [Link].
- James Czerniawsk, How Utah Aims to Help Businesses Flourish After Pandemic, US News (March 25, 2021) [Link].
- Isabelle Morales, List: 846 Regulations Waived to Help Fight COVID-19, ATR (August 4, 2020) [Link].
- Greater Phoenix Economic Council, Things to know about Arizona’s FinTech Sandbox (Updated April 8, 2021) [Link].
- Caden Rosenbaum, Out of the weeds and into the skies: going broad on commercial drone regulation, Benchmark Blog (May 07, 2021) [Link].
CGO scholars and fellows frequently comment on a variety of topics for the popular press. The views expressed therein are those of the authors and do not necessarily reflect the views of the Center for Growth and Opportunity or the views of Utah State University.