Exponential disruptive innovation has the potential to overwhelm the existing regulatory process entirely, not merely to strain it.
Source quote, verbatim
increase substantially in the rulemaking process.12 In short, exponential disruptive innovation has the potential to overwhelm the existing regulatory process.13
Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132
Holds when
exponential rates of innovation
existing institutional rulemaking infrastructure
Classification
failuresupport: arguedfailure: Regulatory process overwhelmfamily: regulatory-laginnovationregulatory-failure
Related claims
restateskaal:claim:2740477-003 Exponential disruptive innovation has the potential to overwhelm the existing regulatory process outright, not...
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