kaal:claim:2808132-022

Formal rulemaking is simply too time-consuming for an environment of disruptive innovation; the speed of product innovation alone makes formal rulemaking in the existing infrastructure unworkable.

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speed of product innovation alone makes formal rulemaking in the existing regulatory infrastructure challenging. Formal rulemaking is simply too time-consuming.89 The speed of product innovation makes it possible to bring a new product to market while formal
From

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), III.3 Timing, p. 20
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

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Classification

failuresupport: evidencedfailure: Rulemaking ossificationfamily: rule-obsolescence-and-ossificationdynamic-regulationsystemic-riskregulatory-failure

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