Regulation and Technology Innovation: A comparison of Stated and Formal Regulatory Barriers throughout the Technology Innovation Process

  • Robert Engberg Halmstad University
  • Peter Altmann Chalmers University of Technology
Keywords: regulation, barrier, technology innovation management, R&D management, new product development process, NPD

Abstract

Regulation is often mentioned as a barrier to technology innovation in various industries. Delayed market entry, added resource requirements, stifled creativity, and added activities are some frequently mentioned complaints. The study presented here explored various claims of regulation acting as a barrier to technology innovation. Our findings indicate that formal statutory requirements only partly explain why regulation is perceived as a technology innovation barrier. Furthermore, our findings indicate several discrepancies between stated and formal regulatory barriers, and suggest that the majority of the stated barriers emerge within the organization during operationalization and the technology innovation process.

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Published
2015-10-24
How to Cite
Engberg, R., & Altmann, P. (2015). Regulation and Technology Innovation: A comparison of Stated and Formal Regulatory Barriers throughout the Technology Innovation Process. Journal of Technology Management & Innovation, 10(3), 85-91. https://doi.org/10.4067/S0718-27242015000300010
Section
Case Studies