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.

Source quote, verbatim
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.
From

Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), IV.3. Timing, p. 20
https://ssrn.com/abstract=2740477 · source PDF

Cite as

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

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mechanismsupport: arguedfailure: Timing dilemma of early versus late regulationfamily: regulatory-laginnovation

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