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Towards a framework for understanding the effect of regulation on technological innovation
Thesis (MEng) -- Stellenbosch University, 2022.
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| Format: | Thesis |
| Language: | en_ZA |
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Stellenbosch : Stellenbosch University
2022
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| _version_ | 1867613846962700288 |
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| access_status_str | Open Access |
| author | Krüger, Petrus Alwyn |
| author2 | Pistorius, Carl Wilhelm Irene |
| author_browse | Krüger, Petrus Alwyn Pistorius, Carl Wilhelm Irene |
| author_facet | Pistorius, Carl Wilhelm Irene Krüger, Petrus Alwyn |
| author_sort | Krüger, Petrus Alwyn |
| collection | Thesis |
| dc_rights_str_mv | Stellenbosch University |
| description | Thesis (MEng) -- Stellenbosch University, 2022. |
| format | Thesis |
| id | oai:scholar.sun.ac.za:10019.1/126008 |
| institution | Stellenbosch University (South Africa) |
| language | en_ZA |
| last_indexed | 2026-06-10T12:42:38.497Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | Stellenbosch : Stellenbosch University |
| publisherStr | Stellenbosch : Stellenbosch University |
| record_format | dspace |
| source_str | SUNScholar — Stellenbosch University Repository |
| spelling | oai:scholar.sun.ac.za:10019.1/126008 Towards a framework for understanding the effect of regulation on technological innovation Krüger, Petrus Alwyn Pistorius, Carl Wilhelm Irene Grobbelaar, Sara Stellenbosch University. Faculty of Engineering. Dept. of Industrial Engineering. Technological innovations -- Law and legislation Business model innovation Commercial law Business planning UCTD Thesis (MEng) -- Stellenbosch University, 2022. ENGLISH ABSTRACT: Innovation is fraught with uncertainty and risk. It is subject to many external influences, including regulations from statutory bodies. A number of studies on the effects of regulation on innovation focus on specific examples in certain industries in certain countries at a certain time. This thesis suggests that a generalised macro view of the integrated effect of regulation on innovation may be of value to companies and policymakers alike. Presenting this in a framework format will be useful. The research methodology followed in this thesis is a qualitative, inductive process. A “first principles” approach is followed, starting with determining the basic functions of innovation. Technological innovation and business model innovation are then used to characterise the innovation practices of a firm. The fundamental functions that technological and business model innovation consist of are tested against a number of theories of value creation in order to determine if and to what extent these functions provide acceptable proxies for the innovation practices of a firm. The development of the framework is achieved through the analysis of two different sets of case studies where regulation has affected innovation. They vary in the nature of the type of regulation, the industry and country in which they are based. The case studies are analysed to determine which functions of technological and business model innovation are affected and how. The findings are then analysed and compared to confirm the validity of the framework. The study found that fundamental functions of technological and business model innovation are interrelated, and that they can provide an acceptable proxy for the innovation practices of a firm. The study also found that regulation does have an effect on the functions of technological and business model innovation, and that the effects can differ between different industries. The study indicates that through using the proposed framework, it is possible to provide a macrooutlook on the effects of regulation on innovation in an industry. The framework can be extended through further research to provide a richer and more nuanced interpretation of the impact of regulation on innovation. AFRIKAANS OPSOMMING: Innovasie word gekenmerk deur onsekerheid en risiko. Dit is onderworpe aan baie eksterne invloede insluitende regulering van statutêre instellings. ‘n Aantal studies oor die effek van regulering op innovasie fokus op spesifieke voorbeelde in seker industrieë in bepaalde lande op ‘n sekere tydstip. Hierdie tesis stel voor dat ‘n algemene makro-siening van die geïntergreerde effek van regulering op innovasie van waarde kan wees vir maatskappye asook beleidmakers. Dit sal nuttig wees om dit in ‘n raamwerkformaat aan te bied. Die navorsingsmetodologie wat in hierdie tesis gevolg word, is ‘n kwalitatiewe, induktiewe proses. ‘n “Eerste beginsels”-benadering word gevolg, wat begin met die bepaling van die basiese funksies van innovasie. Tegnologiese innovasie en sakemodel-innovasie word dan gebruik om die innovasiepraktyke van ‘n onderneming te karakteriseer. Die fundamentele funksies waaruit tegnologiese en sakemodel-innovasie bestaan word getoets aan ‘n aantal teorieë van waardeskepping om te bepaal of, en tot watter mate, hierdie funksies aanvaarbare substitute vir die innovasiepraktyke van ‘n onderneming bied. Die ontwikkeling van die raamwerk behels die ontleding van twee verskillende stelle gevallestudies waarin regulering innovasie beïnvloed het. Hulle verskil in aard van die tipe regulasie, die industrie, en lande waarin hulle gebaseer is. Die gevallestudies word ontleed om vas te stel watter funksies van tegnologiese en sakemodel-innovasie geïmpakteer word. Die bevindings tussen hierdie gevallestudies word ontleed en vergelyk om die geldigheid van die raamwerk te bevestig. Die studie het bevind dat fundamentele funksies van tegnologiese en sakemodel-innovasie onderling verwant is, en dat hulle aanvaarbare substitute vir die innovasiepraktyke van ‘n onderneming kan verskaf. Die studie het ook bevind dat regulering ‘n effek het op die funksies van tegnologiese en sakemodel-innovasie, en dat die effekte tussen die verskillende industrieë kan verskil. Die studie dui aan dat deur die gebruik van hierdie raamwerk, dit moontlik is om ‘n makro-uitkyk op die effek van regulering op innovasie in ‘n bedryf te verskaf. Masters 2022-11-14T09:53:09Z 2023-01-16T12:45:26Z 2022-11-14T09:53:09Z 2023-01-16T12:45:26Z 2022-11-14 Thesis http://hdl.handle.net/10019.1/126008 en_ZA Stellenbosch University xiii, 97 pages : illustrations application/pdf Stellenbosch : Stellenbosch University |
| spellingShingle | Technological innovations -- Law and legislation Business model innovation Commercial law Business planning UCTD Krüger, Petrus Alwyn Towards a framework for understanding the effect of regulation on technological innovation |
| title | Towards a framework for understanding the effect of regulation on technological innovation |
| title_full | Towards a framework for understanding the effect of regulation on technological innovation |
| title_fullStr | Towards a framework for understanding the effect of regulation on technological innovation |
| title_full_unstemmed | Towards a framework for understanding the effect of regulation on technological innovation |
| title_short | Towards a framework for understanding the effect of regulation on technological innovation |
| title_sort | towards a framework for understanding the effect of regulation on technological innovation |
| topic | Technological innovations -- Law and legislation Business model innovation Commercial law Business planning UCTD |
| url | http://hdl.handle.net/10019.1/126008 |
| work_keys_str_mv | AT krugerpetrusalwyn towardsaframeworkforunderstandingtheeffectofregulationontechnologicalinnovation |