What Happens When Technology is Faster than the Law?
Mark Fenwick – Faculty of Law, Kyushu University
Wulf A. Kaal – University of St. Thomas, Minnesota – School of Law; European Corporate Governance Institute (ECGI)
Erik P. M. Vermeulen – Tilburg University – Department of Business Law; Philips Lighting – Legal Department; Tilburg Law and Economics Center (TILEC); Kyushu University – Graduate School of Law
September 4, 2016
Lex Research Topics in Corporate Law & Economics Working Paper No. 2016-8
The solution: lawmaking and regulatory design needs to become more proactive, dynamic and responsive. So how can regulators actually achieve these goals? What can they do to promote innovation and offer better opportunities to people wanting to build a new business around a disruptive technology or simply enjoy the benefits of a disruptive new technology as a consumer?
Number of Pages in PDF File: 16
Keywords: Airbnb, Artificial Intelligence, Big Data, Drones, FinTech, Principles, Regulation, Regulatory Sandbox, Robotics, Rules, Uber
JEL Classification: E22, G2, K2, K22, K32, K40, L26, L43, L51, O3, O30, O31, O33