In this documentary all these entrepreneurs are innovators, creating something new/better than other competitors out there. These companies all had to go through different types of regulations and different ways on reaching their target audience. This is one of the many types of ways people can become entrepreneurs. The founder and director of the Wake Forest Institute for Regenerative Medicine, Anthony Atala, mentions their purpose is generating tissue from patient cells to develop an organ for a safer, quicker, and more efficient organ transplant. This shows extreme entrepreneurial characteristics because hundreds of thousands of people in the world are suffering from waiting for organ transplantation so having a new industry to develop new organs from the same cells as a patient would bring high demand from consumers. But at the same time this new idea is regulated by the scaffold they produce and by the cells through biologics. The scaffold requires biocompatibility, which is a total of nine different test, but they must run those tests without the cells which can unfortunately stop or slow the process of production which as an entrepreneur can make a huge impact not just on the business but society itself. Big Businesses love regulation, the biggest threat to a big business is innovation. So therefore, bigger businesses rely on regulation as their chance to stay top dogs. This is important for entrepreneurs to know depending on the innovations or product they develop. With companies like Uber just hopping the gate and releasing their app avoiding all regulations is what made it so popular to society in the first place. Which if Uber were to have asked to compete with the taxi companies it wouldn’t have turned out nearly as much profit because consumers would not feel safe. The FDA was also another issue for this new industry as well as any industry that is food or drug related because they analyze new innovations very slowly and carefully to know exactly what it is coming out into the world. This is also a reason many new innovations from entrepreneurs don’t make it to market because there are just too many regulations. When it comes to the purpose of the new industry, and how it effects society, its safe to say that many are behind this idea but the connection with society might be off considering safety comes first. As an entrepreneur, it was seen as an opportunity to benefit on a “disaster”. But at the same time this is an opportunity for society to live better and longer lives. The 2 main social goods that come from this are the long-term health effects that could come from it and the immediate treatment if someone were need one soon. Therefore, making it easy for society to be against this idea as well. With this idea regulation effects the economic side of society because the “barrier of entry” is what drive up prices. Also meaning big companies play around in the area of regulation to keep other innovators out to keep their competitive edge.