Abstract
This paper draws attention to the current political and acdemic dislocation between regulation and innovation as activities and aims to emphasize the significance of the interrelationship both in terms of academic analysis and of policy approaches. The notion that innovation and regulation are both facets of the same overall process of technical change is explored, and accordingly, it becomes important to analyse them together as well as seperately. A conceptual approach is advocated which draws upon the notion of ‘social and institution negotiations’ in coming to terms with the nature of innovatory and regulatory processes.
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