Can we create innovation through regulation ?

Eva PAUNOVA Member of the European Parliament (EPP, BG) [vc_btn title= »Download the article » style= »outline » color= »blue » align= »right » i_icon_fontawesome= »fa fa-file-pdf-o » add_icon= »true » link= »url:http%3A%2F%2Fconfrontations.org%2Fwp-content%2Fuploads%2F2016%2F07%2FInterface105EN_Paunova.pdf||target:%20_blank »] Although it sounds oxymoronic, the answer is – yes. While regulators cannot create innovation themselves, they can still establish an enabling innovation environment. In order to assess which regulatory approaches have innovation enhancing potential we must bear in mind how innovation happens. It requires challenging those things we think we know with certainty. It´s about having individuals take risks and change the established perceptions. And here is where regulation comes in play. Regulators can enable innovation by developing education in a way that stimulates skills like imagination, creativity, digital skills for work with new technologies, critical thinking and complex problem solving. This is a cause I have been working for passionately. In 2015 we launched Education Bulgaria 2030 together with public and social partners. The initiative aims at mapping the