The faster the cycle of disruptive innovation, the shorter the timeline for society to adapt and respond with a familiar pattern of laws, regulation, and frameworks, which gives disruptive exponential innovation a potentially destabilizing effect on society.
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The faster the cycle of disruptive innovation, the shorter the timeline for society to adapt and respond to such innovation with a familiar pattern of laws, regulation and frameworks.
Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040
Holds when
accelerating cycles of disruptive innovation
Classification
mechanismsupport: arguedinnovation
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