# kaal:claim:2808132-051

**Claim.** Existing regulatory processes are suboptimally equipped to address the challenges of exponential disruptive innovation, and the notice and comment procedures of the Administrative Procedure Act and the SEC illustrate the resulting suboptimal regulatory response rates.

**Type.** failure  **Support.** argued

**Holds when.**

- notice and comment rulemaking under the APA and at the SEC
- regulatory challenges presented by venture-capital-backed companies

**Source quote.**

> This paper also shows that the existing regulatory processes are suboptimally equipped to address the challenges of exponential disruptive innovation. The notice and comment procedures of the APA131 and the SEC are only some of the examples illustrating the

**From.** Wulf A. Kaal, Erik P.M. Vermeulen, *How to Regulate Disruptive Innovation - From Facts to Data* (2016), VII. Conclusion, page 39

**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

**Verify.** sha256 of source PDF `3515f2317ed9c1d33ae55d70467cdf1f6c4e350065ea6a887d5d7619599ad7d2` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Vermeulen%20-%202016%20-%20How%20to%20Regulate%20Disruptive%20Innovation%20-%20From%20Facts%20to%20Data.pdf

**Failure mode.** Suboptimal regulatory response rates  (family: regulatory-lag)

**Topics.** empirical-evidence, regulatory-failure

**Keywords.** notice-and-comment, administrative-procedure-act, regulatory-response-rate, regulatory-failure

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