On Rightsizing Regulations to Foster Knowledge and Innovation for Business Performance: Perspectives from Elite Executives

This study explores the relationship between regulations, knowledge, innovation, and business performance, based on insights from elite executives. It highlights the importance of “systemic entrepreneurialism” for a conducive business environment and emphasizes the need for well-balanced regulations to foster innovation and entrepreneurship. Findings include the development of guiding principles and practical implications for policymakers, scholars, and business leaders to create a healthy regulatory ecosystem.