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You accurately point out most regulation is the result of some form of accident harming people or property/environmental damage.
I am of the opinion the business opportunities the State of Indiana has available are numerous. My read is regulations are not the stumbling block to a boosted economy, but K12 education system and health care system which lags behind many other states.
Braun’s words, “It is essential to balance the necessity of occupational licensing to protect public health and safety with the need to reduce unnecessary regulatory burdens that hinder economic growth and individual opportunities” seems like a wise balance, and reminds me of the wise balance of Teddy Roosevelt who said, “When I say that I believe in a square deal, I do not mean to give every man the best hand; all I mean is that shall be no crookedness in the dealing” (quoted in Fareed Zakaria’s wonderful recent book Age of Revolutions.