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Regulation of Innovative Technologies

Regulation of Innovative Technologies
Author: Rosario Girasa
Publisher: Springer Nature
Total Pages: 255
Release: 2022-06-17
Genre: Social Science
ISBN: 303103869X

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This book explores the regulation of emerging technologies. Developments such as bitcoin (based on blockchain technology), artificial intelligence, quantum computing, and other technical advances have the potential to revolutionize many aspects of everyday life. As with other significant occurrences, especially when coupled by financial rewards, there are the inevitable attempts to reap gains unlawfully. This book examines the legal and regulatory enactments that attempt to undermine the risks to society as well as the dangers to individual freedoms that the technologies present when abused by governmental and non-governmental authorities. Included are discussions of the dangers to the right of privacy posed by facial recognition, physical location tracking, automated license plate recognition (ALPR) and other evolving applications of technology. This book is an invaluable resource for those interested in the regulation of emerging technologies particularly as they relate to blockchain, artificial intelligence, and the most current advances in quantum computing. Emphasis is focused on invasion of privacy, particularly by government authorities, antitrust implications of private companies and the efforts of international entities to counter alleged abuses by them.


The Growing Gap Between Emerging Technologies and Legal-Ethical Oversight

The Growing Gap Between Emerging Technologies and Legal-Ethical Oversight
Author: Gary E. Marchant
Publisher: Springer Science & Business Media
Total Pages: 233
Release: 2011-05-19
Genre: Philosophy
ISBN: 9400713568

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At the same time that the pace of science and technology has greatly accelerated in recent decades, our legal and ethical oversight mechanisms have become bogged down and slower. This book addresses the growing gap between the pace of science and technology and the lagging responsiveness of legal and ethical oversight society relies on to govern emerging technologies. Whether it be biotechnology, genetic testing, nanotechnology, synthetic biology, computer privacy, autonomous robotics, or any of the other many emerging technologies, new approaches are needed to ensure appropriate and timely regulatory responses. This book documents the problem and offers a toolbox of potential regulatory and governance approaches that might be used to ensure more responsive oversight.


The REGTECH Book

The REGTECH Book
Author: Janos Barberis
Publisher: John Wiley & Sons
Total Pages: 1004
Release: 2019-08-06
Genre: Business & Economics
ISBN: 1119362172

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The Regulatory Technology Handbook The transformational potential of RegTech has been confirmed in recent years with US$1.2 billion invested in start-ups (2017) and an expected additional spending of US$100 billion by 2020. Regulatory technology will not only provide efficiency gains for compliance and reporting functions, it will radically change market structure and supervision. This book, the first of its kind, is providing a comprehensive and invaluable source of information aimed at corporates, regulators, compliance professionals, start-ups and policy makers. The REGTECH Book brings into a single volume the curated industry expertise delivered by subject matter experts. It serves as a single reference point to understand the RegTech eco-system and its impact on the industry. Readers will learn foundational notions such as: • The economic impact of digitization and datafication of regulation • How new technologies (Artificial Intelligence, Blockchain) are applied to compliance • Business use cases of RegTech for cost-reduction and new product origination • The future regulatory landscape affecting financial institutions, technology companies and other industries Edited by world-class academics and written by compliance professionals, regulators, entrepreneurs and business leaders, the RegTech Book represents an invaluable resource that paves the way for 21st century regulatory innovation.


The Oxford Handbook of Law, Regulation and Technology

The Oxford Handbook of Law, Regulation and Technology
Author: Roger Brownsword
Publisher: Oxford University Press
Total Pages: 1216
Release: 2017-07-24
Genre: Law
ISBN: 0191502235

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The variety, pace, and power of technological innovations that have emerged in the 21st Century have been breathtaking. These technological developments, which include advances in networked information and communications, biotechnology, neurotechnology, nanotechnology, robotics, and environmental engineering technology, have raised a number of vital and complex questions. Although these technologies have the potential to generate positive transformation and help address 'grand societal challenges', the novelty associated with technological innovation has also been accompanied by anxieties about their risks and destabilizing effects. Is there a potential harm to human health or the environment? What are the ethical implications? Do this innovations erode of antagonize values such as human dignity, privacy, democracy, or other norms underpinning existing bodies of law and regulation? These technological developments have therefore spawned a nascent but growing body of 'law and technology' scholarship, broadly concerned with exploring the legal, social and ethical dimensions of technological innovation. This handbook collates the many and varied strands of this scholarship, focusing broadly across a range of new and emerging technology and a vast array of social and policy sectors, through which leading scholars in the field interrogate the interfaces between law, emerging technology, and regulation. Structured in five parts, the handbook (I) establishes the collection of essays within existing scholarship concerned with law and technology as well as regulatory governance; (II) explores the relationship between technology development by focusing on core concepts and values which technological developments implicate; (III) studies the challenges for law in responding to the emergence of new technologies, examining how legal norms, doctrine and institutions have been shaped, challenged and destabilized by technology, and even how technologies have been shaped by legal regimes; (IV) provides a critical exploration of the implications of technological innovation, examining the ways in which technological innovation has generated challenges for regulators in the governance of technological development, and the implications of employing new technologies as an instrument of regulatory governance; (V) explores various interfaces between law, regulatory governance, and new technologies across a range of key social domains.


Regulatory Delivery

Regulatory Delivery
Author: Graham Russell
Publisher: Bloomsbury Publishing
Total Pages: 505
Release: 2019-10-17
Genre: Law
ISBN: 1509918604

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This ground-breaking book addresses the challenge of regulatory delivery, defined as the way that regulatory agencies operate in practice to achieve the intended outcomes of regulation. Regulatory reform is moving beyond the design of regulation to address what good regulatory delivery looks like. The challenge in practice is to operate a regulatory regime that is both appropriate and effective. Questions of how regulations are received and applied by those whose behaviour they seek to control, and the way they are enforced, are vital in securing desired regulatory outcomes. This book, written by and for practitioners of regulatory delivery, explains the Regulatory Delivery Model, developed by Graham Russell and his team at the UK Department for Business, Energy and Industrial Strategy. The model sets out a framework to steer improvements to regulatory delivery, comprising three prerequisites for regulatory agencies to be able to operate effectively (Governance Frameworks, Accountability and Culture) and three practices for regulatory agencies to be able to deliver societal outcomes (Outcome Measurement, Risk-based Prioritisation and Intervention Choices). These elements are explored by an international group of experts in regulatory delivery reform, with case studies from around the world. Regulatory Delivery is the first product of members of the International Network for Delivery of Regulation.


The Impact of Rate-of-Return Regulation on Technological Innovation

The Impact of Rate-of-Return Regulation on Technological Innovation
Author: Mark W. Frank
Publisher: Routledge
Total Pages: 146
Release: 2017-05-15
Genre: Business & Economics
ISBN: 1351887939

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This book contends that various forms of regulation have costs as well as benefits and it examines the impact of government regulation on the innovativeness of ’monopolies’ - in this book meaning firms with the power to affect market price. The government regulation analyzed in this case is limited to rate-of-return regulation. Using theoretical models such as the Averch-Johnson model and a two-stage Nash equilibrium model, this volume examines whether regulated monopolies engage in more or less technological innovation than unregulated monopolies. Furthermore, if the unregulated (or less regulated) monopolies do engage in more research and development than regulated ones, it questions whether social welfare would be greater with the former. Using a case study of ten privately-owned electric utilities in the State of Texas, USA, it then tests out the general propositions brought forward by the theoretical modelling and finally makes its conclusions taking into consideration both theoretical and empirical findings.


Intellectual Property Perspectives on the Regulation of New Technologies

Intellectual Property Perspectives on the Regulation of New Technologies
Author: Tana Pistorius
Publisher: Edward Elgar Publishing
Total Pages: 288
Release: 2018-10-26
Genre: Law
ISBN: 1786436388

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This book explores the challenges that emerging technologies and technology driven practices pose for traditional notions of intellectual property (IP) law and policy. Chapters offer perspectives from across the IP law spectrum and address questions such as; is the law evolving in the right direction and is the regulation of emerging technology supported by sound policy objectives? Covering a diverse range of topics, this book exposes the intimate relationship between IP and technology.


InsurTech: A Legal and Regulatory View

InsurTech: A Legal and Regulatory View
Author: Pierpaolo Marano
Publisher: Springer Nature
Total Pages: 396
Release: 2019-12-05
Genre: Law
ISBN: 3030273865

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This Volume of the AIDA Europe Research Series on Insurance Law and Regulation explores the key trends in InsurTech and the potential legal and regulatory issues that accompany them. There is a proliferation of ideas and concepts within InsurTech that will fundamentally change the market in the next few years. These innovations have the potential to change the way the insurance industry works and alter the relationships between customers and insurers, resulting in insurance products that are more closely aligned to individual preferences and priced more appropriately to the risk. Increasing use of technology in the insurance sector is having both a disruptive and transformative impact on areas including product development, distribution, modelling, underwriting and claims and administration practice. The result is a new industry, known as InsurTech. But while the insurance market looks to technology for greater efficiency, regulators are beginning to raise concerns about managing potential risks. The first part of the book examines technological innovations relevant for insurance, such as FinTech, InsurTech, Sharing Economy, and the Internet of Things. The second part then gathers contributions on insurance contract law in a digitalized world, while the third part focuses on cyber insurance and robots. Last but not least, the fourth part of the book discusses legal and ethical questions regarding autonomous vehicles and transportation, including the shipping industry, as well as their impact on the insurance sector and civil liability. Written by legal scholars and practitioners, the book offers international, comparative and European perspectives. The Chapters "FinTech, InsurTech and the Regulators" by Viktoria Chatzara, "Smart Contracts in Insurance. A Law and Futurology Perspective" by Angelo Borselli and "Room for Compulsory Product Liability Insurance in the European Union for Smart Robots?” by Aysegul Bugra are available open access under a CC BY 4.0 license at link.springer.com. All three open access chapters were funded by BIPAR.


Dimensions of Technology Regulation

Dimensions of Technology Regulation
Author: Morag Goodwin
Publisher: Wolf Legal Publishers
Total Pages: 0
Release: 2010
Genre: Nanostructured materials industry
ISBN: 9789058505118

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This volume represents the proceedings of an international conference organized by the Tilburg Institute for Law, Technology, and Society (TILT) in Tilburg, the Netherlands. The book brings together a wide range of international scholars from a variety of disciplines to shed light on the multiple dimensions of technology regulation. It presents different perspectives in an innovative way, visualizing the emerging discipline of technology regulation as a multidimensional space. The book explores a range of issues in the fields of nano-materials and nano-medicine, biotechnology, chemicals, and ICT, as well as overarching topics, such as innovation regimes, risk governance, and responsive regulation. By grouping the analyses along four dimensions - type of technology, type of regulation, innovation, and time - it allows both scholars and practitioners to explore the space of technology regulation along new lines and to identify new possibilities for regulatory action and future research. Technological developments pose enormous challenges for regulators. Not only do regulators need to find an optimal balance between protecting fundamental values and public goods and the stimulation of creativity and innovation, but they need to do so in a way that keeps pace with the speed and pervasive nature of technological developments. Technology regulation is thus emerging as an important field of interdisciplinary research. The book charts the multifarious challenges of new technologies and possible regulatory responses from a multidisciplinary perspective.


Policy, Regulation and Innovation in China's Electricity and Telecom Industries

Policy, Regulation and Innovation in China's Electricity and Telecom Industries
Author: Loren Brandt
Publisher: Cambridge University Press
Total Pages: 529
Release: 2019-05-30
Genre: Business & Economics
ISBN: 1108480993

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Openness and competition sparked major advances in Chinese industry. Recent policy reversals emphasizing indigenous innovation seem likely to disappoint.