Core Viewpoint - The article discusses the newly issued "Guidelines for Tolerance of Failure in the Field of Technological Innovation in Shenzhen," which aims to create a supportive environment for innovation by allowing for the forgiveness of failures in scientific research and technology projects [2][4]. Summary by Sections Introduction - Shenzhen's government has officially released guidelines to promote tolerance for failure in scientific research, emphasizing that failure is a common occurrence in the innovation process [2][3]. Guidelines Overview - The guidelines consist of five parts, detailing three basic principles, five conditions for diligent responsibility, nine scenarios for exemption, and the procedures for investigation and recognition [4]. Conditions for Diligent Responsibility - The guidelines specify five preconditions for diligent responsibility: alignment with strategic direction, adherence to democratic decision-making processes, absence of personal gain from authority, proactive engagement, and willingness to correct mistakes [4]. Exemption Scenarios - Nine specific scenarios are outlined for exemption from responsibility, including: 1. Failure to complete projects despite diligent efforts [5]. 2. Non-passing of milestone assessments for significant projects [5]. 3. Funding for high-risk innovative projects that do not meet expected outcomes [5]. 4. Inability to continue projects due to uncontrollable factors [5]. 5. Challenges due to inappropriate technical routes [5]. 6. Key technologies becoming public unexpectedly [5]. 7. Market changes rendering developed products irrelevant [5]. 8. Research difficulties due to new mechanisms or methods [5]. 9. Other scenarios as defined by relevant regulations [5]. Applicability and Procedures - The guidelines apply broadly to all technology innovation activities funded by municipal financial resources, covering various entities including public institutions and enterprises [7]. The procedures for recognition include initiation, acceptance of investigation, organization of decisions, and feedback on results [7]. Importance of the Guidelines - The guidelines provide a systematic and operational framework that respects the exploratory nature of scientific research, aiming to alleviate the pressure on researchers and encourage innovation by reducing the fear of failure [6][9]. Broader Context - The article highlights a growing trend in the investment community towards embracing a culture of tolerance for failure, which is essential for fostering innovation and creativity in high-risk sectors like artificial intelligence and biotechnology [9][12].