The Impact of Regulation on Change

Liv Jaeckel ()
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Liv Jaeckel: HHL Leipzig Graduate School of Management

Chapter 9 in Management of Permanent Change, 2015, pp 161-173 from Springer

Abstract: Abstract Due to its binding character law has a high impact on change. This article will concentrate on the innovation of products and take an example from the health care sector, the Computer Tomography-Scanner. In this field law has two main roles: It has to ensure the highest level of patient safety while also promoting the innovation and the competitiveness of this sector. To fulfill these contrary tasks and to keep up with the ongoing developments, law for its part chooses the path of dynamization.The article will line out that the legislator and the companies both should follow some rules to achieve an optimal functioning of the interaction between legislation and business.

Keywords: Legal Regulation; Regulation Design; Economic Science; Market Design; Contrary Task (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-05014-6_9

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DOI: 10.1007/978-3-658-05014-6_9

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