FOR IMMEDIATE RELEASE
March 27, 2019
CONTACT: Logan Elizabeth Padgett
JMI Releases New Tech Policy Brief
TALLAHASSE- Florida’s economy has radically changed over the past 30 years and cities like Gainesville, Orlando, and Miami have become centers for start-ups and innovation. The rise of technology companies across Florida and the United States has been the direct result of the Internet’s growth. A new report by Sal Nuzzo and Chris Koopman finds that while this growth has immensely improved consumer welfare and created new opportunities for workers, it has also created challenges for policymakers.
The JMI report, “Innovation and Regulation in Florida: A Framework for Permissionless Innovation,” provides a strategy to help policymakers better understand the impact that choices about regulations will have on Florida’s long-term growth and development.
“It is widely accepted that innovation is disrupting whole sectors of the economy. As technology advances, it often outpaces the ability of regulatory systems to keep pace. Policymakers need all the help they can get in how to examine and weigh new policy proposals. We are pleased to partner with the national experts at the Center for Growth and Opportunity to help provide that guidance.” –Sal Nuzzo, Vice President of Policy, The James Madison Institute
“Complex technology rarely requires complex laws. Instead, we should focus on simple, predictable rules that innovators and entrepreneurs can understand. This policy brief brings together the best work in the country being done on innovation and regulation, and provides a simple framework to help policymakers think through some of today’s most pressing technology policy issues.” –Chris Koopman, Senior Director of Strategy and Research, Center for Growth and Opportunity at Utah State University; Adjunct Director, Center for Technology and Telecommunications, The James Madison Institute
Florida has been a leader in fostering a culture of innovation and growth, but the future will present both challenges and opportunities. By creating a regulatory framework that empowers innovators and entrepreneurs, and removes barriers as they arise, Florida can continue to be home for startups and entrepreneurs from around the world.
To read “Innovation and Regulation in Florida: A Framework for Permissionless Innovation” click here.
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Florida’s premier free-market think tank, The James Madison Institute is a 501(c)3 nonprofit, nonpartisan research and educational organization. The Institute conducts research on such issues as health care, taxes, and regulatory environments.