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Increased Technological Capability and the Future of Platform Regulation: New Forms of Relaxation or New Forms of Restriction

In: Leading and Managing in the Digital Era

Author

Listed:
  • Eric K. Clemons

    (University of Pennsylvania)

  • Andrej Savin

    (Copenhagen Business School)

  • Maximilian Schreieck

    (University of Innsbruck)

  • Stina Teilmann-Lock

    (Copenhagen Business School)

  • Jan Trzaskowski

    (Copenhagen Business School
    Aalborg University)

Abstract

Rapid technological change leads to discontinuous change in business, the evolution of new business models, and the disappearance of entire industries, just as rapid environmental change leads to the evolution of new species and the extinction of others. Rapid change in business models leads to new sources of power and new forms of abuse of power, which in turn leads to the need for new forms of regulation. While increased regulatory restriction may be necessary to deal with new forms of abuse, regulatory relaxation may be necessary to allow the pursuit of new opportunities and the provision of new services. Some business models may require both: sharing economy platforms produce value for their users and should be encouraged, while creating harmful externalities that need to be controlled.

Suggested Citation

  • Eric K. Clemons & Andrej Savin & Maximilian Schreieck & Stina Teilmann-Lock & Jan Trzaskowski, 2024. "Increased Technological Capability and the Future of Platform Regulation: New Forms of Relaxation or New Forms of Restriction," Lecture Notes in Information Systems and Organization, in: Gregory Prastacos & Nancy Pouloudi (ed.), Leading and Managing in the Digital Era, pages 13-32, Springer.
    • Handle: RePEc:spr:lnichp:978-3-031-65782-5_2
    DOI: 10.1007/978-3-031-65782-5_2
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