Innovation and Regulation
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Central to the history and development of many complex adaptive systems, be they biological, physical, social or economic, is the dynamic interplay between regulation and innovation. At times, regulation can foster innovation (e.g., the imposition of standards in technological development or genetic response to environmental factors), and in other instances regulation can squelch good innovation. Regulation can be imposed or evolved. Innovative responses can respect regulations or attempt to circumvent them. The responses in turn generate new regulations that generate their own responses, and so on and so on. In this process of co-evolution, some systems flourish while others wither. Spurred by the global consideration of regulatory responses to the current world financial crisis, in a one-day symposium, "Innovation and Regulation," co-sponsored by Fidelity Investments and The Santa Fe Institute, we will consider innovation and regulation across a wide variety of contexts and phenomena.
To be held on May 15, 2009 at Fidelity Center for Applied Technology (FCAT), Boston, MA.