The Role of Regulation - Deepstash
The Role of Regulation

The Role of Regulation

  • Regulators struggle with big bang disruption.
  • Flexible policies sustain exponential innovation while limiting harm.
  • Outdated regulations hinder progress and get outpaced by change.
  • Policymakers must adapt too.

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ang_wang

The older I get, the more I realize what really matters in life.

The book Big Bang Disruption by Downes and Nunes analyzes how innovation happens lightning-fast in the digital age, overturning incumbents overnight. It provides strategies for both disruptors and incumbent firms.

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The Elements of Change

  • Beating inertia (resistance to change): Pick the middle ground between no change and drastic change.
  • Beating the resistance of others: Ask for their help and get them on your side, or negotiate a way for you to make change without disrupting their ...

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