16-17 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 facilitate or hinder the development and adoption of technological innovations. For example, regulations may require certain safety or environmental standards that can impact the design and implementation of a new technology. Similarly, regulatory procedures for obtaining patents, licenses, or approvals can affect the ability of companies to develop and commercialize innovative products or services. Therefore, regulatory frameworks play a crucial role in shaping the innovation landscape and driving technological progress.

16-17 the Success in Technologically Related Innovation Often Is Dependent