Technological and societal innovation can contribute to greater sustainability, economic prosperity, equality and wellbeing. But innovation can also cause societal, financial and environmental damage, lead to (new) inequalities, impinge on privacy and other freedoms, and create opportunities for fraud. Understanding what impact innovation has and how it can best be regulated is therefore key to helping unlock the potential of innovation and making it work for the good of society.
In the Regulation of Innovation research theme, teams of economists, lawyers and governance scholars work together to find out how we can make innovation serve the common good. Which innovations live up to their expectations and which do not? What are the consequences of innovation for the quality of products, services and, ultimately, society? And how can we regulate innovation in order to achieve the greatest benefits for society?
Within the research theme, these questions are studied in three different domains: