The rules of the game are developing in response to these and other considerations not all of which are fully compatible. Developing country governments face competing resource demands between traditional priorities such as food security, health and education, on the one hand, and emerging priorities such as technology infrastructure and human resource development, on the other. There are also competing considerations related to societal values equity and social justice, preservation of cultural values, freedom of information and others. Governments can either stand back or intervene to create an enabling environment for their own companies and citizens. This brings us to the law-maker s dilemmas.
Innovation occurs through ruptures in a stable structure.
It prospers when demand characteristics are strong, infrastructure exists and there is a stable investment climate. But then, new technologies are developing at such a rapid rate today that innovation is clearly one jump ahead of the regulators. The challenge is to develop regulation which is technology neutral and development supportive. Entrepreneurial vs social benefits. Entrepreneurial activity may be good for individual business interests, but it has to be reconciled with issues of right to privacy, social justice, security and public good.