The pace and scope of innovation are challenging the way governments regulate. Existing regulatory frameworks might not be agile enough to accommodate the fast pace of technological development and, as a consequence, rules might become outdated.

The pace and scope of innovation are challenging the way governments regulate. Existing regulatory frameworks might not be agile enough to accommodate the fast pace of technological development and, as a consequence, rules might become outdated. Beyond this pacing problem, technological innovation also blurs the traditional definition of markets, challenges enforcement and transcends administrative boundaries domestically and internationally. This report, which results from a joint project between the OECD and the Korea Development Institute, presents a set of case studies illustrating the different regulatory challenges raised by emerging technologies and the diversity of regulatory responses used to address them. The case studies cover data-driven business models, digital innovation in finance, smart contracts relying on distributed ledger technologies, digital technologies for smart logistics, and the sharing economy.

Recent technological advances have transformed the sectors of security and defense. While creating challenges for NATO and its partner countries, this has also led to opportunities. Technology has facilitated the emergence of new and unprecedented threats, as terrorists and other non-NATO state actors utilize new technologies to exploit personal data, gather and misuse information and devise new methods. On the other hand, AI technology in particular has the potential to detect cyber intrusions, predict terrorist acts and contribute to the development of better surveillance and reconnaissance systems and more effective responses. It is therefore of vital importance that NATO and its partners keep their knowledge of these modern technologies up to date. This book presents papers from the NATO Advanced Research Workshop (ARW) entitled: Practical Applications of Advanced Technologies for Enhancing Security and Defense Capabilities: Perspectives and Challenges for the Western Balkans, held online from 14 to 21 October 2021. The main objective of the ARW was to explore the application of advanced technology for security and defense purposes and explore the development of strategies for regional cooperation between public, academic and private actors. The book also covers the legal, technical and ethical challenges which can emerge in the deployment of AI and other advanced technologies in the defense and security sectors. The book will be of interest to all those seeking a better understanding of the technical aspects of the threat environment and responses in the region and wishing to explore the use of AI and other advanced technologies in counter terrorism.

The COVID-19 pandemic and the Ukraine war have revealed vulnerabilities in Germany’s economic model: undiversified energy supply, an over-reliance on fossil fuels, delayed digitalisation and disruptable supply chains. Digital technologies may significantly disrupt manufacturing industries Germany has dominated for decades, threatening future competitiveness.

This book features 100 local case studies examining the experiences of leading Singaporean companies across different sectors including aviation, logistics, banking, and real estate. They offer valuable insights into how companies adapted to evolving market dynamics, expanded their business portfolios, ventured into global markets, prioritised sustainability, and leveraged innovation and technology to maintain competitiveness. Through case studies, readers gain practical knowledge that can be applied to their own enterprises, a unique perspective into Singapore’s dynamic and competitive business landscape, and the successes and challenges faced by Singaporean companies. The book is divided into different sections exploring specific themes such as business strategy and transformation, diversification and expansion, sustainability, innovation and technology, financial performance, and risk management. It scrutinises how companies responded to shifting market conditions, competition, regulations, customer preferences, and global events. Additionally, it sheds light on the obstacles companies encountered in terms of sustainable practices, financial performance, risk management, talent retention, and technological advancements. By presenting cases across industries and companies in Singapore, Choong et al. highlight their triumphs, setbacks, and valuable lessons learned. This book can be rendered as a practical and essential resource for business professionals, entrepreneurs, and students interested in understanding effective business strategies.

Today's fast-evolving business landscape has created a significant challenge - the gap between basic scientific research and commercial innovation. Groundbreaking discoveries in laboratories need to translate into sustainable business solutions. The interplay between foundational scientific principles and their application in the commercial sphere is complex, making it difficult to bridge the gap. To tackle this problem, the book Unleashing the Power of Basic Science in Business offers a comprehensive exploration of how basic science can drive sustainable innovation in business. By bridging the gap between theory and application, this book provides a roadmap for researchers, academicians, and professionals in basic science, engineering, and management to understand and implement basic science, sustainability, and innovation in business. Through a diverse collection of chapters, readers gain insights into collaborative forces in innovation, ethical dimensions of basic science in commercial contexts, and the operationalization of commercial innovation. Unleashing the Power of Basic Science in Business guides navigating the sustainable commercialization expedition and cultivating environments for sustainable commercial success.

The fintech industry's rapid growth is revolutionizing the global financial sector by providing unparalleled convenience and innovation. However, this disruptive force also brings challenges, particularly in regulation. With fintech evolving at breakneck speed, traditional regulatory frameworks struggle to keep pace, leading to potential risks and uncertainties for economies and financial systems worldwide. Without adequate and adaptable regulations, the benefits of fintech could be overshadowed by its disruptive potential, impacting financial stability and consumer trust. Examining Global Regulations During the Rise of Fintech offers a comprehensive analysis of Fintech regulations across nations, providing insights into the diverse approaches and their impacts. By examining the experiences of different countries, the book helps policymakers, industry professionals, and academics understand what works and what doesn't in fintech regulation. It offers frameworks and recommendations to promote innovation while ensuring financial stability. It is an essential guide in the rapidly evolving fintech ecosystem.

This work argues that current cryptocurrency regulation, particularly in the areas of enforcement and compliance, is inadequate. It proposes reflexive regulation as an alternative approach. This book provides strategies for a reflexive regulation approach to cryptocurrencies, developed through the identification of the internal self-regulatory mechanisms of the cryptocurrency system. Apportioning blame for current problems to the regulators’ failure to take into account the inherent technical features of cryptocurrencies, the work promotes reflexive regulation in which the law acts at a subsystem-specific level to install, correct, and redefine democratic self-regulatory mechanisms. It provides strategies for this approach, developed through the identification of the internal self-regulatory mechanisms of the cryptocurrency system. These are identified as imbedded in the technical functionality of computer code and consensus-based distributive governance mechanisms respectively. In addition to providing a technical, historical and legal overview of cryptocurrencies, the book concludes by providing recommendations aimed at redirecting code and consensus towards achieving regulatory goals. In this way, it draws from the theory of reflexive law, in order to provide both a substantive and jurisprudential perspective on the regulation of cryptocurrencies and to illustrate how Financial Technology (Fintech) regulation can only be effective once regulators consider both the ‘Fin’ and the ‘tech’ in their regulatory approaches. The book will be of interest to researchers, academics and policy-makers working in the areas of Financial Regulation and Jurisprudence, Financial Crime, Banking Regulation, Information Systems, and Information Technology.

In Innovation and the State, Cristie Ford examines the problem of innovation and its relationship to flexible regulation.