Regulation

A new British innovation principle is needed to boost innovation and competition


IEA research cited in The Telegraph

New IEA research, ‘British innovation principle’ has been cited in The Telegraph. The paper argues that innovation is under threat due to the over-application of the precautionary principle and a new innovation principle is needed in the UK to encourage competition.

The Telegraph reported: “a new paper by the Institute of Economic Affairs warned that innovation is being stifled by the pre cautionary principle, which sets a high regulatory benchmark and a check on decision makers left over from the EU“.

Telegraph, p.2. Printed 23rd September 2021.

 



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