6 Ways to Kill Innovation Without Even Trying

January 12, 2012

  • January 12, 2012 at 1:33 pm
    Mike N says:
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    I would add the following:

    7. Government

    too often, local, state, and federal government(s) all have registrations requirements, taxes (even if nothing was sold), and many hoops one must pass through in order to even get a venture off the ground. Often, the costs of starting a business and bringing a product to market are found to be largely driven by government, excess regulation, as well as the desire for government at every level to take their pound of flesh, in order to generate revenue to pay for their (government worker’s) own out-sized retirement funds and medical care.

    • January 12, 2012 at 2:06 pm
      Just wondering.... says:
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      What state charges a tax on goods not sold? Let us all know so we can avoid that state. Do you have actual experience in getting a business off the ground where you have actually had to deal with this regulation you speak of? What hoops did you actually have to jump through? I had a small photography business registered with my state. Other than reporting my monthly revenue (if any) my state required nothing else of me. I did NOT pay taxes when I did no business in a given month. I would venture (no pun intended) to guess that the level of regulation and hoops to jump through is in direct proportion to the complexity of the product or service to be sold. An insurance agent and agency requires a fair amount of certificationand licensing from state to state as they are giving advice. Do you consider that excess regulation? We would all love to know of the SPECIFIC story you have to tell.

      • January 12, 2012 at 5:11 pm
        Ins Guy says:
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        Really, JW? Guess you don’t own a home or have any employees, so you don’t pay property tax or payroll taxes. Just a couple off the top of my head.

      • January 12, 2012 at 8:16 pm
        FurriePrincess says:
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        Quite a few states have personal property tax – ie, inventory tax. Which is essentially a tax on the value of goods not sold.

    • January 12, 2012 at 4:26 pm
      The Other Point of View says:
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      I have to agree with Just Wondering’s comment. There’s a very good reason why “Government Regulation” is not listed by the author…because government regulation is not the problem. It’s not even on his list!

    • January 13, 2012 at 8:38 am
      The Other Point of View says:
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      From today’s Bloomberg News:

      http://www.bloomberg.com/news/2012-01-13/hiring-logjam-breaks-as-ceos-plan-fastest-u-s-growth-since-2006.html

      The article doesn’t mention regulation, at all. Why? because “too much regulation” is not the reason businesses were not hiring. They were not hiring becuase there was no demand for their products. That’s changing as this article attests.

  • January 12, 2012 at 2:40 pm
    Steve says:
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    I totally AGREE with what Mike N says!! Our government sticks its nose in too many things. Freedom??

    • January 12, 2012 at 5:10 pm
      The Other Point of View says:
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      I would be willing to bet that you like when government sticks its nose in things like restrictng plaintiff’s counsel, restricting workers rights to organize, restricting women’s access to abortion, restricting marriages on the basis of gender, restricting where mosques should be built, and a whole host of other areas where you have no problem at all with government sticking their nose in private personal affairs.

      That’s the problem with blaming government in general. That’s the problem with blaming regulation in general. The fact is you like gvernmenta nd you like regulation. No doubt there are aspects of government you don’t like and certain regulations you find oppressive. So instead of making generalized comments that do nothing to further the debate, why not tell us specifically which regulation you feel is curtailing your freedom and why. And for every regulation you feel limits your freedom, I’ll list two regulations supported by Repubblicans/Tea Partiers that I find oppressive.

      “Government needs to get out of the way” makes a nice bumper sticker, but that’s about all it does.

      • January 12, 2012 at 6:20 pm
        Brokette says:
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        I’m thinking that when POTUS says, “I’m going to but the coal industry out of business,” he means what he says. How does a business combat that mentality when the purpose of regulation is to take that industry down?

      • January 13, 2012 at 8:18 am
        Hillsborough agent says:
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        You are the king of the straw men. Somebody says ‘too much government intervention’ and you base your response on a premise of ‘no government at all’ and assume the commenter is the most conservative of conservatives. You’d be surprised how many conservatives are pro-choice, don’t care if gays can marry, etc.

        But you keep fighting the Great Straw Man War. I think you’ll find that it’s a war that never ends.

  • January 13, 2012 at 8:21 am
    The Other Point of View says:
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    What’s the difference between Obama saying he would allow the coal industry to go bankrupt, and Romney and the Tea Partiers saying they would not have bailed out Ford and GM and would have let them go bankrupt?

    • January 13, 2012 at 11:42 am
      George says:
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      the difference is taking action. This is an exact illustration of what a conservative wants. I think that was a bad choice of comparison. You did better earlier asking what the difference is between regulating industry and regulating social rights. i’m not saying i totally disagree with your point (we regularly are on opposite sides of the aisle, but i think you make a good point in this thread, just not with this particular comment).

      personally, i’d prefer increased state powers and reduced federal powers, but it will never go back that way because of the fiscal situations (eg – states are closer to an actual person/company in that they get in trouble when they run deficits and the feds can run deficits almost with impunity – republicans and democrats – and so they can hold states hostage with funding, reducing our ability to make decisions based on the state’s needs).

      and so ends the 200 word post that has nothing to do with the article.

      • January 13, 2012 at 12:56 pm
        An American says:
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        The banter back and forth may hint at the real heart of the what stifles innovation and impacts our country – learned helplessness. We take our differences of opinion personally and allow them to become pervasive. We enter into a “powerless mode” and worry about all of the things outside of our control, oftentimes blaming others and looking for reasons for things not to work out well. It wasn’t all that long ago that America was full of hope and optimism – where people didn’t look at the things outside of their control and give up. Instead, we looked at the things we could control and held on with steadfast belief that handling those things within our control was enough for us to accomplish anything. Whatever happened to the melting pot of a nation that welcomed diversity with open arms, when opinions could be shared that were different from our own and we were thankful that we had the freedom to agree to disagree, where our diversity made us stronger instead of driving us apart? Whatever happened to the days when we held more tightly to the values we shared rather than focusing on our differences? We need to remind ourselves that we are the same nation that produced the automobile, the telephone, put men on the moon, and accomplished many other things, especially when it was thought to be impossible.

  • January 13, 2012 at 12:59 pm
    William Leak says:
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    I agree with the article and the addition of government regulation.

    It’s a dynamic where success or failures across a continuum of time and circumstance. Some people and organizations are more adept than others.

    I favor some regulation, as I’ve seen the abuses in banking, construction, and other arenas. Balance, accountabilty, and thoughtful course adjustment is key to success in any endeavor,



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