# kaal:claim:2831040-009

**Claim.** 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.

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

**Holds when.**

- formal rulemaking directed at fast moving innovative products

**Source quote.**

> 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

**From.** Wulf A. Kaal, *Dynamic Regulation for Innovation* (2016), II. Law's Diminishing Capacity to React to Innovation, page 10

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

**Verify.** sha256 of source PDF `de5156f14f44a5753cab55b6c4b03049eda58a143b99e08ef427aee1d261e1bf` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Dynamic%20Regulation%20for%20Innovation.pdf

**Failure mode.** regulation obsolete on arrival  (family: regulatory-lag)

**Topics.** dynamic-regulation, innovation

**Keywords.** formal-rulemaking, obsolescence, regulatory-lag, product-innovation

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2957645-003
- restates: https://wulfkaal.github.io/claims/2808132-022
- restates: https://wulfkaal.github.io/claims/2808132-023
- restated_by: https://wulfkaal.github.io/claims/2834531-007
- restated_by: https://wulfkaal.github.io/claims/2834531-006
- extends: https://wulfkaal.github.io/claims/2740477-021

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.