Artikel
The impact of the regulatory sandbox on the fintech industry, with a discussion on the relation between regulatory sandboxes and open innovation
As the fintech industry grows around the world, regulatory issues continue to be a hot topic within the industry. To overcome regulatory barriers of the fintech industry, regulatory sandboxes have been adopted. The regulatory sandboxes are beneficial to create a fintech ecosystem, but their effectiveness has not been empirically supported. This study aims to find the expected effects of regulatory sandboxes on fintech venture investments empirically. We conducted an analysis using a country-level comparative research method. To analyze it, we selected nine forerunning countries which have initially adopted regulatory sandboxes. For the purpose of validations, a comparative analysis and a regression analysis were conducted. In the results, we found that the adoption of regulatory sandboxes had very positive influences on the growth of the fintech venture investment. The results implied that regulatory sandboxes may play a vital role in increasing the influx of venture capital into the fintech venture ecosystem by removing regulatory uncertainty. The findings of this research contribute to providing the empirical evidences to policy makers in interpretations of the positive impact of regulatory sandboxes.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Open Innovation: Technology, Market, and Complexity ; ISSN: 2199-8531 ; Volume: 6 ; Year: 2020 ; Issue: 2 ; Pages: 1-18 ; Basel: MDPI
- Classification
-
Management
- Subject
-
financial innovation
fintech
investment
regulatory sandbox
venture
venture capital
- Event
-
Geistige Schöpfung
- (who)
-
Goo, Jayoung James
Heo, Joo-Yeun
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2020
- DOI
-
doi:10.3390/joitmc6020043
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Goo, Jayoung James
- Heo, Joo-Yeun
- MDPI
Time of origin
- 2020
Other Objects (12)
Regulatory response to the rise of fintech credit in the Netherlands
Beyond the innovator’s Dilemma: The process and effect of fintech regulatory environment
The international regulatory regime on capital flows
The OECD report on regulatory reform : synthesis
On the frontline against money-laundering: the regulatory minefield
On the frontline against money-laundering: the regulatory minefield
Fintech development and regulatory frameworks in Indonesia
The national regulatory structure against the background of the European regulatory system
The national regulatory structure against the background of the European regulatory system
The Impacts of Regulatory Reform on the Global Telecommunications Sector
The impact of regulatory fines on shareholder returns
In Search of Regulatory Compatibilities. The Constraints on the European Commission’s Strategies in Transatlantic Regulatory Cooperation
Regulatory response to the rise of fintech credit in the Netherlands
Beyond the innovator’s Dilemma: The process and effect of fintech regulatory environment
The international regulatory regime on capital flows
The OECD report on regulatory reform : synthesis
On the frontline against money-laundering: the regulatory minefield
On the frontline against money-laundering: the regulatory minefield
Fintech development and regulatory frameworks in Indonesia
The national regulatory structure against the background of the European regulatory system
The national regulatory structure against the background of the European regulatory system
The Impacts of Regulatory Reform on the Global Telecommunications Sector
The impact of regulatory fines on shareholder returns
In Search of Regulatory Compatibilities. The Constraints on the European Commission’s Strategies in Transatlantic Regulatory Cooperation
Regulatory response to the rise of fintech credit in the Netherlands
Beyond the innovator’s Dilemma: The process and effect of fintech regulatory environment
The international regulatory regime on capital flows
The OECD report on regulatory reform : synthesis
On the frontline against money-laundering: the regulatory minefield
On the frontline against money-laundering: the regulatory minefield
Fintech development and regulatory frameworks in Indonesia
The national regulatory structure against the background of the European regulatory system
The national regulatory structure against the background of the European regulatory system
The Impacts of Regulatory Reform on the Global Telecommunications Sector
The impact of regulatory fines on shareholder returns