Amazon's drones are going to take to the skies in the UK, after the Civil Aviation Authority cleared away all the pesky legislation that was getting in the way. This isn't the first time that the CAA has reduced regulation to encourage innovation. In fact, all single-seat aircraft weighing under 300kg are deregulated in the UK. And, surprise surprise, there are plenty of start-ups now developing deregulated single seat aircraft.

As entrepreneurship and innovation become increasingly global, governments from national to local level are competing to attract entrepreneurs and boost their economies. It doesn't always work. Ontario, Canada, gave the okay for testing self-driving cars at the start of this year, but nobody has so far asked to test a car there. Nevertheless, without the willingness to remove or improve burdensome regulation countries will fall behind and innovation ecosystems will not be able to develop.