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Regulation Concepts for Disruptive Innovation: New Policy Perspective for Online Transportation Industry

Author

Listed:
  • Mukti Fajar
  • Dyah Mutiarin
  • Reni Budi Setianingrum

Abstract

Purpose: The research aims to examine the legal concepts of business that interfere with innovation in legal competition in transportation and the management model of online transportation industry governance. Design/Methodology/Approach: The research method uses normative legal research with laws, theories, and legal principles through library research. To complete the data, this research also conducts interviews with experts, stakeholders and government officials. Findings: The findings reveal that first, the disruptive innovations in the online transportation business do not conflict with the principles of business competition law, but it needs to be arranged differently. Second, the online transportation policy model requests a combination of self-regulation and strict regulatory policies. The mixture will protect unhealthy businesses, providing consumer protection and safety, and security providers in online transportation business. Practical implications: The combination model of self-regulation policy and hard regulation policy may bring innovation in online transportation regulation policies. Originality/Value: This research proposes feasible policies in regulating the business of conventional transportation and integrated online transportation.

Suggested Citation

  • Mukti Fajar & Dyah Mutiarin & Reni Budi Setianingrum, 2020. "Regulation Concepts for Disruptive Innovation: New Policy Perspective for Online Transportation Industry," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 223-237.
    • Handle: RePEc:ers:ijebaa:v:viii:y:2020:i:4:p:223-237
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    References listed on IDEAS

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    1. Edelina Coayla & Ysabel Bedón, 2021. "The Agro Exports of Organic Native Products and Environmental Security in Peru," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 7, ejes_v7_i.
    2. Grajzl, Peter & Murrell, Peter, 2007. "Allocating lawmaking powers: Self-regulation vs government regulation," Journal of Comparative Economics, Elsevier, vol. 35(3), pages 520-545, September.
    3. Christopher Marsden, 2008. "Beyond Europe: The Internet, Regulation, and Multistakeholder Governance—Representing the Consumer Interest?," Journal of Consumer Policy, Springer, vol. 31(1), pages 115-132, March.
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    More about this item

    Keywords

    Disruptive innovation; online transportation; business competition; self regulation.;
    All these keywords.

    JEL classification:

    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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