The Department for Business, Innovation & Skills (BIS) is asking for feedback and ideas on how regulation and enforcement networks affect businesses’ ability to innovate or enter markets or products.
As part of the government’s plan to boost UK productivity, all departments must publish an Innovation Plan for regulators by this Spring. These plans will set out how departments and regulators are adapting regulatory frameworks to enable innovation in the form of emerging technologies and disruptive business models.
BIS is asking businesses to complete a survey on how regulators may need to respond and adapt to upcoming developments in our sector. Specifically:
- How legislation and enforcement frameworks could adapt to new technologies and disruptive models to encourage growth;
- How regulators could respond to technological change in their sectors;
- How regulators could make better use of new technologies to generate efficiency savings and reduce burdens on business.
The deadline for responses to the survey is Thursday 25th February.