Private Property Rights. Home Sharing Regulations. 5 Keys to Effective Regulations.

A Wharton School of Business, President Trump’s Alma Matter, features an interview with Wharton’s Kevin Wherbach offering these tips and examples to foster nascent industry:

• Look to the FCC and its treatment of Skype. Skype didn’t fit neatly in industry categoried and regulations. FCC VOIP regulations were written such that the door was left open and Skype flourished by working with regulators.
• Don’t rush to impose traditional rules on ride share companies like Uber.
• Anti-trust case against Microsoft allowed other tech companies to innovate
• Data sharing can give regulators more information to achieve their goals and provide more industry friendly regulations
• Consider self-regulation with accountability standards built in

Knowledge@Wharton | How to Regulate Innovation — Without Killing It