The Evolution of Regulation and Innovation Project
The Evolution of Regulation and Innovation (ERI) Project offers policymakers and stakeholders a non-partisan, academic resource for bold new thinking on critical issues at the intersection of technology innovation and regulation. This Digital Economy work explores the relationship between regulation and policy and between regulation and innovation with attention to policy changes that may improve economic outcomes for consumers and the larger economy.
As the accelerating pace of technological innovation increasingly collides with the more incremental pace of governments and regulators, the ERI Project will generate research and specific proposals to inform all and help policymakers keep pace to reduce regulatory friction while protecting consumers and stimulating private investment.
Project Scholars, Fellows, and Researchers
Cass Sunstein, former Administrator of the White House Office of Information and Regulatory Affairs
Carl Shapiro, former member of the President’s Council of Economic Advisers and Deputy Assistant Attorney General for Economics at the Antitrust Division of the U.S. Department of Justice
Robert Cooter, a pioneer in the field of law and economics and Professor of Law at the University of California, Berkeley, School of Law
More about the ERI Project
“The last time we updated our communications laws, Internet access came from an AOL CD in your mailbox, Google didn’t exist, and Mark Zuckerberg was still in middle school,” Downes said. “The technology landscape that consumers, businesses, and policymakers face today is very different than the world we imagined when our regulatory framework was developed. There is an urgent need for specific, fact-based proposals that can help stakeholders navigate a new approach to regulation that is responsive to rapidly evolving markets while protecting consumers and enhancing economic growth.” ...
“The rapid pace of technological change in the communications and Internet sectors are increasingly provoking public policy challenges that will profoundly affect – for better or worse – the competitiveness of American businesses and the U.S. economy,” said Mayo, ...“We are excited with the launch of this project to be in a position to provide fresh intellectual thinking on how the United States can shape its economic institutions to address these challenges in ways that promote innovation, advance economic welfare, and protect consumers.”
Excerpt from Georgetown Center for Business and Public Policy Launches Project to Explore 21st Century Tech and Communications Policy, McDonough School of Business News, March 28, 2014