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Evaluating The Effectiveness of Regional Innovation-Type Regulatory Sandbox: Smart City Regulatory Sandbox and Regulatory Free Zone
Evaluating The Effectiveness of Regional Innovation-Type Regulatory Sandbox: Smart City Regulatory Sandbox and Regulatory Free Zone
286
Summary
Evaluating the Effectiveness of
Regional Innovation-type Regulatory Sandbox:
Smart city regulatory sandbox and Regulatory Free Zone
Ⅰ. Introduction
n Evaluating major issues for each stage of the regional innovation-type
regulatory sandbox, and present policy implications.
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Summary
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through demonstration of regulations that were previously blocked within
a limited spatial range.
*The regional innovation-type regulatory sandbox is a system that promotes
strategies linked to regional innovation in the future by demonstrating previously
blocked regulations within a limited spatial range.
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| Summary |
(Smart City Regulatory sandbox) and the Ministry of SMEs and Startups
(Regulatory Free Zone)
- Significance of identifying issues for each implementation procedure of
the organization and operating system from a life cycle perspective and
suggesting detailed policy alternatives in the future.
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Summary
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l [Step 4 Issue: Support for Law Revision] Delay in preparation for law
revision
- In progress referring to the project-type regulatory sandbox system of
other ministries.
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| Summary |
2. Regulatory Free Zone
n Identification of major issues and issues in the Regulatory Free Zone
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Summary
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Ⅳ. Policy recommendations and future development directions
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support related to ‘exit strategy’ for companies that cancel during the
demonstration process.
- Prepare a plan to prevent companies from missing the timing of entering
the initial market by participating in the system.
- Reinforcement of internal organizational structure to strengthen the
integrated management function of the Office of National Affairs.
- Open communication channels to share a common vision among
participating organizations.
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Summary
| Summary |
l [Policy Suggestion 6] Reinforcement of follow-up support for full-fledged
new technology and service activation.
- Continuous linkage strategies such as creating an innovative ecosystem in
the region after demonstration by providing an incentive structure for
companies to stay in the region from the perspective of regional
innovation.
- Establishment of follow-up management system and utilization plan for
research facility equipment related to demonstration infrastructure.
- Reinforcement of follow-up management and support system through
establishment of technology commercialization strategy in terms of
regional innovation.
- Strengthen the linkage structure with venture capital by strengthening the
PR strategies of participating companies.
- Provide a window that serves as a guideline to introduce support projects
of other ministries during the follow-up management stage.
- Requires flexibility in the financial support period after designation of a
zone.
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| Summary |
identify core regulations through an appropriate mix of the existing
private-led (bottom-up) and government-led (top-down).
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