Permissionless Innovation
Noun · Startup & VC
Definitions
The idea that new products and services should be able to launch and experiment without needing prior approval from incumbents or central gatekeepers. The phrase is common in startup policy debates, internet governance, and crypto circles.
In plain English: The idea that people should be able to build new things without asking for permission first.
Example: "The founder framed open APIs as a win for permissionless innovation."