kaal:claim:2834531-020

The automobile illustrates how long the old disruption lag was: Benz's engine did not displace the horse and carriage industry, and mainstream adoption came only in 1908 when Ford began mass producing the Model T, decades after the 1879 patent.

However, Benz's engine did not disrupt the horse and carriage industry or bring the automobile into the mainstream of everyday life. This only occurred much later, in 1908, when Henry Ford started to mass produce the Model T.

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

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

• the origins of the modern automobile industry

empiricalsupport: evidencedinnovation

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