Regulation for Innovativeness or Regulation of Innovation?

31 Pages Posted: 26 Mar 2015

See all articles by Anna Butenko

Anna Butenko

Amsterdam Centre for Energy (Centrum voor Energievraagstukken), University of Amsterdam; Tilburg Law and Economics Center (TILEC), Tilburg University

Pierre Larouche

Université de Montréal; Center on Regulation in Europe (CERRE)

Date Written: March 2015

Abstract

Whilst there is widespread agreement in policy circles that fostering innovation should be a priority, there is far less consensus on what this entails and how to achieve this objective. This lack of consensus is echoed in the academic literature on innovation. In this paper, we seek to reconcile two lines of literature with which lawyers are most familiar: the law and economics (broadly defined) and law and technology literature streams seem to exist in parallel and largely non-intersecting inter-disciplinary silos, which prevent the cross-fertilization of insights between them and the realization of synergies. This paper is a modest attempt to connect these silos and to identify how these two streams could complement each other. Synergies between these literature streams would contribute to a more comprehensive and multi-faceted understanding of the complex relationship between law and innovation that is a pre-requisite for effective political and regulatory decision making in relation to innovation.

Keywords: Innovation, technology, regulation, law

JEL Classification: O30, O31, O33

Suggested Citation

Butenko, Anna and Larouche, Pierre, Regulation for Innovativeness or Regulation of Innovation? (March 2015). TILEC Discussion Paper No. 2015-007. Available at SSRN: https://ssrn.com/abstract=2584863 or http://dx.doi.org/10.2139/ssrn.2584863

Anna Butenko

Amsterdam Centre for Energy (Centrum voor Energievraagstukken), University of Amsterdam ( email )

Amsterdam, 1018 WB
Netherlands

Tilburg Law and Economics Center (TILEC), Tilburg University ( email )

Warandelaan 2
Tilburg, 5000 LE
Netherlands

Pierre Larouche (Contact Author)

Université de Montréal ( email )

Montreal, Quebec H3T 1B9
Canada

Center on Regulation in Europe (CERRE) ( email )

Rue de l'Industrie 42
Brussels, 1040
Belgium

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