# kaal:claim:2740477-012

**Claim.** Rulemakers' inability to address the regulatory issues raised by disruptive innovation will generate high levels of legal uncertainty and inconsistency, and that uncertainty inhibits innovation during technological transition periods.

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

**Holds when.**

- technological transition periods

**Source quote.**

> Rulemakers' inability to address regulatory issues associated with disruptive innovation will likely generate high levels of legal uncertainty and inconsistency82 that inhibit innovation during technological transition periods

**From.** Wulf A. Kaal, Erik P.M. Vermeulen, *Venture Capital as Dynamic Regulation of Disruptive Innovation* (2016), IV. Disruptive Innovation as a Regulatory Challenge, page 18

**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.** Uncertainty induced innovation chilling  (family: innovation-chilling)

**Topics.** law-and-legal-systems, innovation, regulatory-failure

**Keywords.** legal-uncertainty, innovation-chilling, regulatory-failure, beneficial-innovation

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/2834531-009
- extended_by: https://wulfkaal.github.io/claims/2808132-014

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