Research and analysis

Regulatory types and their impacts on innovation: a taxonomy

A literature review identifying a series of mechanisms by which regulation affects innovation, and an exploration of 4 case study innovations.

• From: Department for Business and Trade and Department for Business, Energy & Industrial Strategy
• Published: 28 January 2020

Documents

Taxonomy of regulatory types and their impacts on innovation

Ref: BEIS Research Paper series number 2020/004

PDF, 3.39 MB, 118 pages

Details

This report consists of a literature review identifying a series of mechanisms by which regulation affects innovation. These were:

• compliance costs
• effects on incentives
• effects on market conditions
• capacity effects
• signalling effects

The report also explores 4 case study innovations:

• connected and autonomous vehicles
• automated recruitment
• home heating
• personal e-health services

Published 28 January 2020