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 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/regulatory-inertia",
 "identifier": "kaal:entity:regulatory-inertia",
 "name": "Regulatory inertia",
 "termCode": "regulatory-inertia",
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 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2740477-019",
   "identifier": "kaal:claim:2740477-019",
   "text": "Regulatory timing under disruptive innovation is a two sided risk: regulate too early and innovation is inhibited, withhold regulation too long and consumers and markets are harmed once regulatory inertia has formed around the disruptive product or service.",
   "abstract": "If policy makers regulate too early, they risk inhibiting innovation; if they withhold regulation too long, they may harm consumers and markets if regulatory inertia has set in around the disruptive product or service.",
   "citation": "Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477",
   "datePublished": "2016",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "regulation of a disruptive product or service"
   ],
   "source_pdf_sha256": "c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2808132-021",
   "identifier": "kaal:claim:2808132-021",
   "text": "Regulatory timing under disruptive innovation is a two-sided failure: regulating too early risks inhibiting innovation, while withholding regulation too long risks harm to consumers and markets once regulatory inertia sets in around the disruptive product or service.",
   "abstract": "The timing of regulation in an environment of disruptive innovation should be a primary concern for policy makers. If policy makers regulate too early, they risk inhibiting innovation; if they withhold regulation too long, they may harm consumers and",
   "citation": "Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132",
   "datePublished": "2016",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "disruptive products or services not yet settled in the market"
   ],
   "source_pdf_sha256": "3515f2317ed9c1d33ae55d70467cdf1f6c4e350065ea6a887d5d7619599ad7d2",
   "status": "current"
  }
 ],
 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'regulatory-inertia'. Derived node: a roster, not an adjudicated definition."
}