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Entrepreneurship v Regulation - ft. Callum Conde | S&T 16

Innovating in safety-critical industries, such as aerospace, healthcare, or nuclear energy, presents significant challenges due to the high stakes involved. Any failure can result in severe harm to people, the environment, or national infrastructure, leading to an inherently risk-averse culture. Regulatory frameworks are often stringent and slow to adapt, making it difficult to implement new technologies quickly. Additionally, rigorous testing, certification, and validation requirements can significantly extend development timelines and increase costs, discouraging rapid innovation. Balancing…

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