Through this Quarterly, we at Dittmar & Indrenius’ Innovation Powerhouse invite you to a backstage tour into the various, exceptional and exciting ways that regulation and innovation meet in our work as attorneys. The way we see it, a revolution is underway, and no one can escape its reach.
Finland and other western economies face exceptional challenges. The ever-increasing intensity of global competition, the data and information-based shifts of power, our aging population, climate change and other ecological threats have and will continue to alter the reality we live in. The ability to reinvent oneself and face these challenges through technological innovation will determine who will sink, who will float and who will swim. It all comes down to innovation.
Novel issues attract and require new regulation – both on a national and EU level. Despite their early stages, many highly ambitious regulatory initiatives currently underway in the EU will clearly affect all aspects of business. It is evident that new laws on artificial intelligence and digitalisation, just to name two, will both spur and hinder the way companies do business. As a result, innovation projects seem to be developing into a battlefield of business efficiency and the rights of individuals. The key to victory lies with the ability to simultaneously harness the possibilities of technological development and handle the ever-growing volume of regulation.
We at Dittmar & Indrenius want to be in the vanguard of this movement. As pioneers, we see this battlefield of rights and interests as a positive challenge, and firmly believe that our clients are able to use this opportunity to increase their competitiveness and create exceptional value for their customers. In practice, this requires the readiness to create completely new processes and interpretations in situations where regulation and authority interpretations fall short in providing answers. We see ourselves as enablers working alongside our clients to find solutions in a setup where the operational environment seems laden with obstacles.