kaal:claim:2834531-019

A fact based approach to regulation worked relatively well only under a specific historical condition: innovation cycles were long and disruption unfolded over decades, giving regulators time to get their facts in order before intervening.

Source quote, verbatim

In spite of these problems, a fact–based approach to regulation may have worked relatively well in the past when innovation cycles were longer and the pace of disruptive innovation occurred over decades.

From

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017), A. Facts Today, p. 16
https://ssrn.com/abstract=2834531 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531

Holds when

past eras of slow technological disruption

Classification

conditionsupport: arguedinnovation

Verify

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