New regulations aimed at an innovative product can be obsolete before they are finalized.
Source quote, verbatim
New regulations pertaining to an innovative product could be obsolete before they are finalized.
From
Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), IV.3. Timing, p. 21 https://ssrn.com/abstract=2740477 · source PDF
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Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477
restated_bykaal:claim:2834531-007 New regulations addressed to an innovative product can be obsolete before they are even finalized.
extended_bykaal:claim:2957645-003 Formal rulemaking in the existing regulatory infrastructure is too time consuming, and the speed of product in...
extended_bykaal:claim:2808132-023 Because formal rulemaking takes months and often years, regulators are still processing the previous product l...
generalizeskaal:claim:3441904-030 The speed of smart contracting and associated DAO revisions will render regulations aimed at morphing decentra...
extended_bykaal:claim:2831040-009 Formal rulemaking in the existing regulatory infrastructure is almost always too time consuming, because produ...
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