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The legal profession is one of the most disrupted sectors of the consulting industry today. The rise of Legal Tech, artificial intelligence, big data, machine learning, and, most importantly, blockchain technology is changing the practice of law. The sharing economy and platform companies...
Persistent link: https://www.econbiz.de/10012960460
Recent corporate governance initiatives encourage a culture of long-term value creation and growth but cannot work as intended by policymakers. The current discussion about corporate governance ignores the transition from a centralized to a decentralized, unmediated, and interconnected world and...
Persistent link: https://www.econbiz.de/10012902251
We live in a world that has historically been dominated by centralized, hierarchical organizations. Such organizations are characterized by (i) a centralized source of authority; (ii) a formal hierarchy with clearly defined “roles”; and, (iii) standardized operational systems and procedures...
Persistent link: https://www.econbiz.de/10012898567
In an age of constant, complex and disruptive technological innovation, knowing what, when, and how to structure regulatory interventions has become more difficult. Regulators find themselves in a situation where they believe they must opt for either reckless action (regulation without...
Persistent link: https://www.econbiz.de/10012935597
Disruptive innovation creates increasing regulatory challenges. The reason for this is simple: Regulation is usually reactive, responding to facts. However, we currently live in a world of data, not facts. Regulation must therefore be proactive and dynamically responsive to data and trends. This...
Persistent link: https://www.econbiz.de/10012987087
Disruptive innovation creates increasing regulatory challenges. Venture capital’s assessment of innovative products, businesses, and initiatives generates highly relevant institution -- and industry -- specific decentralized information on innovation trends. Using a dataset comprising over...
Persistent link: https://www.econbiz.de/10014357936