The success in technologically related innovation often is dependent on changes in regulations and regulatory procedures.

Question

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Changes in regulations and regulatory procedures can greatly impact the development and implementation of new technologies. For example, if a new technology requires certain safety regulations to be met, changes to those regulations may need to be made in order for the technology to be successful. Additionally, regulatory barriers can prevent innovative technologies from entering the market. Therefore, the importance of regulations and their impact on technological innovation cannot be overlooked.

The Success in Technologically Related Innovation Often Is Dependent on Changes