Goldilocks’ Project

 

Exploring the relationship of innovation and regulation

 

Innovation is often portrayed as solely beneficial while carrying risks. Regulation is often perceived as a roadblock while ensuring safety. Too rapid innovation may result in harm to patients – whereas too stringent regulation also harms patients by stalling access to innovative technologies. Coordinating innovation and regulation is a balancing act. In this project we aim to explore the concept of "just the right amount" of innovation and regulation to optimize patient outcomes.

The concrete regulatory aims are

  • To provide a resource online to outline this concept

  • To draft a manuscript for peer-reviewed publication

  • To outline the concept for addition to Wikipedia (Goldilocks principle in regulation


We seek participation from all stakeholders interested in the topic

We plan to host 3 open discussion sessions (scoping, outlining, finalization). Dates & times to be determined, links to join the sessions will be found here once available.

 
 

Resources

  • Knut Blind. The influence of regulations on innovation: A quantitative assessment for OECD countries (download PDF)


Meeting 1: February 13, 2023

  • Innovation vs. Regulation. Drastic position. Traditional regulation=protect innovation=always good. Emphasize counterpoints regulation=enabling and innovation=hidden risks+harm

  • regulation => might cause delays (time) => assumption that outcome is improved

  • both sides share values => economic aspect "greed" must be regulated?

    • perception: mutually exclusive

    • actual: harmonization improves outcomes

  • accountability

  • What are the concepts governing innovation vs. regulation

  • Evidence creation for regulatory decision making

    • to do: build evidence to support assumptions

    • identify practical examples

      • timeline of concept —> added value —> clinical utility —> widely used —> improved patient care/outcomes

      • innovative breakthroughs: what regulation existed

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