On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)

Regulatory tools created before digital technology do not make it possible to manage change efficiently. The article presents the results of research on the creation and functioning of special legal regimes for the digital economy conditions — “regulatory sandboxes”. The basic elements of the digita...

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Main Author: E. A. Kuklina
Format: Article
Language:English
Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2019-09-01
Series:Управленческое консультирование
Subjects:
Online Access:https://www.acjournal.ru/jour/article/view/1152
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author E. A. Kuklina
author_facet E. A. Kuklina
author_sort E. A. Kuklina
collection DOAJ
description Regulatory tools created before digital technology do not make it possible to manage change efficiently. The article presents the results of research on the creation and functioning of special legal regimes for the digital economy conditions — “regulatory sandboxes”. The basic elements of the digital economy regulation system and the concept of “smart regulation” are described, the goals of creating special (experimental) regimes and principles of their application are formulated in the article. It is concluded that regulatory decision-making procedures should cover the entire cycle of the rule-making process and the choice of efficiency criteria is the “cornerstone” here. For the successful implementation of this initiative, it is necessary to develop a methodology for evaluation the effectiveness of regulatory decisions with anchoring the relevant criteria and efficiency indicators; to ensure the integration of the regulatory sandbox mechanism with strategic planning and technological forecasting, expand the range of mechanisms for engaging businesses, civil society and the expert community in the regulatory system of the digital economy.
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spelling doaj.art-196d6bad302846818eb5f69e6f8c18572024-02-29T09:36:14ZengNorth-West institute of management of the Russian Presidential Academy of National Economy and Public AdministrationУправленческое консультирование1726-11391816-85902019-09-0107394910.22394/1726-1139-2019-7-39-491091On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)E. A. Kuklina0Russian Presidential Academy of National Economy and Public Administration (North-West Institute of Management of RANEPA)Regulatory tools created before digital technology do not make it possible to manage change efficiently. The article presents the results of research on the creation and functioning of special legal regimes for the digital economy conditions — “regulatory sandboxes”. The basic elements of the digital economy regulation system and the concept of “smart regulation” are described, the goals of creating special (experimental) regimes and principles of their application are formulated in the article. It is concluded that regulatory decision-making procedures should cover the entire cycle of the rule-making process and the choice of efficiency criteria is the “cornerstone” here. For the successful implementation of this initiative, it is necessary to develop a methodology for evaluation the effectiveness of regulatory decisions with anchoring the relevant criteria and efficiency indicators; to ensure the integration of the regulatory sandbox mechanism with strategic planning and technological forecasting, expand the range of mechanisms for engaging businesses, civil society and the expert community in the regulatory system of the digital economy.https://www.acjournal.ru/jour/article/view/1152digital economyspecial legal regime“regulatory sandbox”innovation processefficiencycriterion
spellingShingle E. A. Kuklina
On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)
Управленческое консультирование
digital economy
special legal regime
“regulatory sandbox”
innovation process
efficiency
criterion
title On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)
title_full On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)
title_fullStr On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)
title_full_unstemmed On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)
title_short On the Issue of Special Legal Regimes in the Digital Economy (“Regulatory Sandboxes”)
title_sort on the issue of special legal regimes in the digital economy regulatory sandboxes
topic digital economy
special legal regime
“regulatory sandbox”
innovation process
efficiency
criterion
url https://www.acjournal.ru/jour/article/view/1152
work_keys_str_mv AT eakuklina ontheissueofspeciallegalregimesinthedigitaleconomyregulatorysandboxes