The Disruptive Competition Project (DisCo) is a project to promote disruptive innovation and competition to policymakers. DisCo brings together experts to explain how disruptive change in the modern economy promotes growth and advances our society. The core areas of DisCo’s focus are:
The beauty of the Internet is users choose the best products and services. Companies need to constantly stay on their toes, as the next start-up is ready to knock them down with a better product. Because there are few barriers to entry for Internet companies, competition works and a light regulatory touch is often best. In markets where competition is restrained, policies that encourage competition and market entry may be necessary. When markets are in constant flux, monitoring from a distance is often best because even well-intentioned regulation can produce unintended consequences.
Balanced Intellectual Property
The Internet thrives on the creative juices of entrepreneurs and its users. A balanced approach to copyright, trademarks and patents is critical to the continued creative and entrepreneurial spirit of the Internet. Our intellectual property system should encourage invention, while not stomping out new business models and open-source development.
The Free Flow of Information
The free flow of information and data is the cornerstone of the Internet’s success. The pace of disruptive innovation has increased because of this. It has allowed sharing of ideas throughout the world as long as governments or incumbent gatekeepers refrain from interference. In all but the most extreme cases, countries should resist the temptation to alter Internet content or control how the Internet works. Even well-intended attempts to interfere often have broader unintended consequences.