Dynamic elements in the regulation of innovation are a supplement to the existing regulatory framework rather than a replacement for it, and their intent is to optimize that framework.
Source quote, verbatim
The author sees dynamic elements in the regulation of innovation as a supplement to the existing regulatory framework. The intent here is to help optimize that framework.
Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040
Classification
definitionalsupport: asserteddynamic-regulation
Related claims
restateskaal:claim:2273857-046 Regulatory cycles would benefit from supplementing, rather than replacing, the existing regulatory framework w...
extended_bykaal:claim:2957645-008 Supplementing the existing regulatory infrastructure with dynamic elements can reduce suboptimal regulatory ou...
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