How to create a business environment where it is safe to fail
An economy that prioritizes freedom to fail will see GDP increase many fold.
You're right Ruta, there's value in every failed business venture.
"Freedom to Iterate" would inlude ups and downs. "Startups" try to adopt this mentality while iterating fast in the market already.
What would be interesting if "failed startups" would somehow share their stategies and project management for reuse by other startups, because not everything that they worked on was an error and even if it was it can spark ideas.