kaal:claim:2831040-009

Formal rulemaking in the existing regulatory infrastructure is almost always too time consuming, because product innovation moves fast enough that regulations covering an innovative product are obsolete before they are finalized.

Formal rulemaking in the existing regulatory infrastructure is almost always too time-consuming (Sunstein 1999, McGarity 1992) because the speed of product innovation often makes regulations pertaining to an innovative product obsolete before such regulations are finalized

Wulf A. Kaal, Dynamic Regulation for Innovation (2016), II. Law's Diminishing Capacity to React to Innovation, p. 10
https://ssrn.com/abstract=2831040 · source PDF

Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040

• formal rulemaking directed at fast moving innovative products

failuresupport: arguedfailure: regulation obsolete on arrivalfamily: regulatory-lagdynamic-regulationinnovation

• restated_by kaal:claim:2957645-003 Formal rulemaking in the existing regulatory infrastructure is too time consuming, and the speed of product in...
• restates kaal:claim:2808132-022 Formal rulemaking is simply too time-consuming for an environment of disruptive innovation; the speed of produ...
• restates kaal:claim:2808132-023 Because formal rulemaking takes months and often years, regulators are still processing the previous product l...
• restated_by kaal:claim:2834531-007 New regulations addressed to an innovative product can be obsolete before they are even finalized.
• 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:2740477-021 New regulations aimed at an innovative product can be obsolete before they are finalized.

The quote above is an exact substring of the source PDF, whose sha256 is de5156f14f44a5753cab55b6c4b03049eda58a143b99e08ef427aee1d261e1bf. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/18d4680e529636d3...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2831040-009.md | sha256sum