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 "identifier": "kaal:entity:rulemaking-speed",
 "name": "Rulemaking speed",
 "termCode": "rulemaking-speed",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2740477-020",
   "identifier": "kaal:claim:2740477-020",
   "text": "Formal rulemaking is simply too time consuming for disruptive innovation: the speed of product innovation lets a new product reach the market while a rulemaking that takes months or years is still processing the previous product launch.",
   "abstract": "The speed of product innovation makes it possible to bring a new product to market while formal rulemaking in the existing regulatory infrastructure, taking months and often years of regulatory procedure, is still dealing with the last product launch.",
   "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": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "formal rulemaking in the existing regulatory infrastructure",
    "high speed of product innovation"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2740477-021",
   "identifier": "kaal:claim:2740477-021",
   "text": "New regulations aimed at an innovative product can be obsolete before they are finalized.",
   "abstract": "New regulations pertaining to an innovative product could be obsolete before they are finalized.",
   "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": "failure",
   "confidence": "asserted",
   "is_failure_mode": true,
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   "@id": "https://wulfkaal.github.io/claims/2831040-001",
   "identifier": "kaal:claim:2831040-001",
   "text": "The pacing problem arises from a two sided divergence: innovation driven by science and technology is accelerating at the same time that federal and state agencies' regulatory processes have slowed down and continue to slow down.",
   "abstract": "Innovation driven by science and technology is accelerating, yet simultaneously, federal and state agencies' regulatory processes have slowed down",
   "citation": "Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040",
   "datePublished": "2016",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2831040-005",
   "identifier": "kaal:claim:2831040-005",
   "text": "The most widely recognized drawbacks of traditional rulemaking under the Administrative Procedure Act are its lack of speed, its cumbersomeness, and the volume of litigation generated by its notice and comment procedures.",
   "abstract": "The most traditional and widely recognized drawbacks of the traditional rulemaking system under the Administrative Procedure Act (APA) include its lacking speed, cumbersomeness, and the quantity of litigation it generates via its notice and comment procedures",
   "citation": "Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040",
   "datePublished": "2016",
   "claim_type": "failure",
   "confidence": "argued",
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 "description": "4 claims in the published works of Wulf A. Kaal carry the concept tag 'rulemaking-speed'. Derived node: a roster, not an adjudicated definition."
}