kaal:claim:2740477-019
Regulatory timing under disruptive innovation is a two sided risk: regulate too early and innovation is inhibited, withhold regulation too long and consumers and markets are harmed once regulatory inertia has formed around the disruptive product or service.
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If policy makers regulate too early, they risk inhibiting innovation; if they withhold regulation too long, they may harm consumers and markets if regulatory inertia has set in around the disruptive product or service.
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mechanismsupport: arguedfailure: Timing dilemma of early versus late regulationfamily: regulatory-laginnovation
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