Date: 25 October 2024, Friday
Time: 13.30 – 14.30
Place: MA-330
“Regulate first innovate later? An exploration into Autonomous Vehicle Industry”
by
İzzet Sıdkı Darandeli California State University
Abstract
This study investigates how innovative activity in specific locations influences the timing and nature of regulatory interventions, focusing on the Autonomous Vehicles (A.V.) sector. Drawing on New Economic Geography and institutional perspectives, it explores the interplay between innovation and regulation, emphasizing the proactive role of innovators in shaping regulatory outcomes. Analyzing patent data and regulatory developments, the research uncovers a significant correlation between innovation levels and regulatory trajectories. Regions with higher concentrations of innovative activity tend to lead regulatory initiatives, fostering conducive environments for technological advancements. Contrary to common perceptions, stringent regulations can catalyze innovation by providing market clarity and stability. By elucidating the spatial dynamics of innovation and regulation, this study offers insights for policymakers aiming to foster innovation ecosystems and sustainable economic growth.
Bio
İzzet Sıdkı Darendeli is the Director of The Smith Center for Entrepreneurship and Associate Professor of Management at California State University, East Bay. He is also an adjunct faculty at Bogazici University, Kadir Has University. Darendeli holds a Ph.D. in Strategic Management from Fox School of Business, Temple University, Philadelphia. Darendeli has published extensively on International Business, Innovation and Institutions. In addition to his academic successes and research on innovation and entrepreneurship, he has founded, invested, and advised multiple startups and served as a member of the Board of Directors for several Multinational Corporations in the U.S and Europe.