# kaal:claim:2740477-002

**Claim.** Under exponential disruptive innovation the information rulemakers need arrives too late for trial and error rulemaking to be effective, regulatory issues grow more complex, and unknown future contingencies in the rulemaking process increase substantially.

**Type.** failure  **Support.** argued

**Holds when.**

- exponential rates of disruptive innovation

**Source quote.**

> relevant information for rulemaking is less likely to materialize soon enough for traditional trial-and-error rulemaking to be effective, regulatory issues become increasingly complex, and unknown future contingencies increase substantially in the rulemaking process.

**From.** Wulf A. Kaal, Erik P.M. Vermeulen, *Venture Capital as Dynamic Regulation of Disruptive Innovation* (2016), I. Introduction, page 6

**Cite as.** Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477

**Verify.** sha256 of source PDF `c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Vermeulen%20-%202016%20-%20Venture%20Capital%20as%20Dynamic%20Regulation%20of%20Disruptive%20Innovation.pdf

**Failure mode.** Information lag in rulemaking  (family: regulatory-lag)

**Topics.** dynamic-regulation, regulatory-failure

**Keywords.** information-timing, trial-and-error-rulemaking, future-contingencies, regulatory-failure

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2808132-003
- supports: https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-019
- extended_by: https://wulfkaal.github.io/claims/2957645-005
- restated_by: https://wulfkaal.github.io/claims/2808132-002

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