Is governance a brake or a catalyst?
Source: The Manila times
Published on: 2026-10-09 16:08
A WELL-DESIGNED regulatory framework is often described as a "brake" on innovation. Too many rules slow companies down, too much compliance burdens entrepreneurs, and too much uncertainty chases away investment. But that framing is incomplete. In the digital era, artificial intelligence (AI), data flows, online marketplaces and cybersecurity risks evolve at the speed of software releases. Here, governance must also be seen as a catalyst. It can create the conditions under which innovation becomes safer, faster and more widely shared. When regulation clarifies rights and responsibilities, levels the playing field and establishes trust, innovators can build on something stronger than their own risk models. Public trust, in turn, enlarges adoption; adoption enlarges markets; markets attract more innovation. In that sense, regulatory frameworks are not merely constraints -- they are infras...
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