Incumbent firms facing a perceived threat from disruptive innovation may respond by using the existing regulatory process itself to create obstacles that prevent disruptive firms from competing.
Source quote, verbatim
disadvantages, incumbent firms that are exposed to a perceived threat of disruptive innovation from disruptive firms may attempt to use the existing regulatory process to create obstacles for disruptive firms to compete.
From
Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), III. Disruptive Innovation as a Regulatory Challenge, p. 17 https://ssrn.com/abstract=2808132 · source PDF
Cite as
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
incumbents already burdened by existing rules
disruptive entrants operating outside or partly outside those rules
restateskaal:claim:2740477-010 Incumbent firms facing the competitive disadvantage created by disruptive entrants respond by using the existi...
extendskaal:claim:2740477-009 When disruptive firms do not comply with existing rules or write their own exemptions because no appropriate r...
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