Regulatory context
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Taxation, legalities, restrictions, red tape tightening and relaxation, different jurisdictions, government et cetera. The government is often viewed as sluggish and self-interested. Which can creates innovation uncertainty. Much innovation opportunity comes from monitoring closing and especially opening of regulations. Uber, AirBnB and even the rise in craft beer producers come from changes to legistlation, regulation and taxation.
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- 1. 1 “Growing pressure against unjustifiable tax breaks for the filthy rich and against outdated labour practices such as penalty rates.” Square Holes research participant