kaal:claim:2831040-022

Despite the consensus favoring it, early regulatory intervention in innovation is rare in practice, and regulation mostly fails to keep pace as the innovation evolves and as understanding and use of the technology spreads.

In practice, however, early regulatory intervention in innovation is rare. Regulation mostly does not keep pace as the innovation evolves and as the understanding and use of innovative technology spreads

Wulf A. Kaal, Dynamic Regulation for Innovation (2016), IV.1 Remedying the Pacing Problem, p. 17
https://ssrn.com/abstract=2831040 · source PDF

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

failuresupport: arguedfailure: early intervention rarely happensfamily: regulatory-laginnovation

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