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@article{ART003044518},
author={이소담 and KWON, GI HEON},
title={Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2023},
volume={32},
number={2},
pages={33-71},
doi={10.22954/ksrs.2023.32.2.002}

TY - JOUR
AU - 이소담
AU - KWON, GI HEON
TI - Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -
JO - Journal of Regulation Studies
PY - 2023
VL - 32
IS - 2
PB - 한국규제학회
SP - 33
EP - 71
SN - 1738-7132
AB - The technical innovation have been recognized as an important way to solve accumulated problems in modern society. However, the new industries which intend to create new market based on their new technologies confront to various problems related to the regulatory lag. To mitigate such conflicts, the government has tried to reform regulations. The regulatory sandbox also aims at solving the regulatory lag and activating the new industries. This research analysed how the regulatory sandbox mitigates the impact that technical innovation has on company’s performances. As a result, the input of technical innovation contribute to the financial outputs of firms, when the output of technical innovation didn’t. The financial performances of firms increased when firms participated in the regulatory sandboxes. Analysing the mitigating effect of regulatory sandbox, when the regulation reformed through the “active interpretation”, the financial performances increased as the outputs of technical innovation increased, whereas they decreased when the inputs of the technical innovation incresaed. Also when we analyzed the model with small companies, the result of interaction between inputs of technical innovation and regulatory reform after the “regulatory exemption” turns out to be positive(+). Based on the results above, we tried to add the role of regulatory reform on the relationship between innovation and performance, and suggested the implication of Korean regulatory sandbox.
KW - Regulation;New industry;Regulatory lag;Technical innovation;Regulatory sandbox
DO - 10.22954/ksrs.2023.32.2.002
ER -

이소담 and KWON, GI HEON. (2023). Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -. Journal of Regulation Studies, 32(2), 33-71.

이소담 and KWON, GI HEON. 2023, "Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -", Journal of Regulation Studies, vol.32, no.2 pp.33-71. Available from: doi:10.22954/ksrs.2023.32.2.002

이소담, KWON, GI HEON "Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -" Journal of Regulation Studies 32.2 pp.33-71 (2023) : 33.

이소담, KWON, GI HEON. Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -. 2023; 32(2), 33-71. Available from: doi:10.22954/ksrs.2023.32.2.002

이소담 and KWON, GI HEON. "Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -" Journal of Regulation Studies 32, no.2 (2023) : 33-71.doi: 10.22954/ksrs.2023.32.2.002

이소담; KWON, GI HEON. Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -. Journal of Regulation Studies, 32(2), 33-71. doi: 10.22954/ksrs.2023.32.2.002

이소담; KWON, GI HEON. Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -. Journal of Regulation Studies. 2023; 32(2) 33-71. doi: 10.22954/ksrs.2023.32.2.002

이소담, KWON, GI HEON. Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -. 2023; 32(2), 33-71. Available from: doi:10.22954/ksrs.2023.32.2.002

이소담 and KWON, GI HEON. "Impacts of technical innovation and regulatory reform on performance of companies in new industries – focusing on the moderating effect of Korean Regulatory Sandbox -" Journal of Regulation Studies 32, no.2 (2023) : 33-71.doi: 10.22954/ksrs.2023.32.2.002