kaal:claim:2740477-025

The current process of rule revisions, amendments, and repeals used to fix the inevitable shortcomings of stable rules is costly, time consuming, and in the authors' estimation cannot keep track of future innovations and the regulatory needs they create.

Source quote, verbatim
The current process of rule revisions, amendments, and repeals to address inevitable shortcomings of stable rules is costly, time-consuming, and cannot in our estimation keep track of future innovations and corresponding regulatory needs.
From

Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), IV.4. Unknown Future Contingencies, p. 22
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

Classification

failuresupport: arguedfailure: Revision process cannot track innovationfamily: rule-obsolescence-and-ossificationregulatory-failure

Related claims
Verify

The quote above is an exact substring of the source PDF, whose sha256 is c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/9a0f8d79de468a50...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2740477-025.md | sha256sum