Risk Management thwarts Innovation

Is risk management out of control. As a small business we often are prevented from growing due to risk management, as governement agencies will lean to large multi national corporations that can take on the risk. Does this mean smaller companies can never grow and in the end competition is in fact minimized to a small handful, with very big hands..?

Innovation is also severely thwarted due to the fact that everybody is looking to shift the risk to someone else so in the end no one is game to do anything outside the "Norm".

We see this all the time in irrigation and water industries and I for one do not think it is healthy?

Does anyone see this in other industries as well...??