kaal:claim:2808132-023

Because formal rulemaking takes months and often years, regulators are still processing the previous product launch while new products reach the market, and new regulations pertaining to an innovative product can be obsolete before they are finalized.

rulemaking in the existing regulatory infrastructure, taking months and often years of regulatory procedure, is still dealing with the last product launch. New regulations pertaining to an innovative product could be obsolete before they are finalized.90

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

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132

• multi-month or multi-year regulatory procedures
• fast product launch cycles

failuresupport: arguedfailure: Rule obsolescence before enactmentfamily: rule-obsolescence-and-ossificationdynamic-regulationinnovation

• restated_by kaal:claim:2834531-006 The speed of product innovation allows a new product to reach the market while formal rulemaking, which takes ...
• extends kaal:claim:2740477-020 Formal rulemaking is simply too time consuming for disruptive innovation: the speed of product innovation lets...
• restated_by kaal:claim:2834531-007 New regulations addressed to an innovative product can be obsolete before they are even finalized.
• extends kaal:claim:2740477-021 New regulations aimed at an innovative product can be obsolete before they are finalized.
• restated_by kaal:claim:2957645-003 Formal rulemaking in the existing regulatory infrastructure is too time consuming, and the speed of product in...
• restated_by kaal:claim:2831040-009 Formal rulemaking in the existing regulatory infrastructure is almost always too time consuming, because produ...

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