NDLI: Micro-Operating Mechanism Approach for Regulatory Sandbox Policy Focused on Fintech

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Micro-Operating Mechanism Approach for Regulatory Sandbox Policy Focused on Fintech

Content Provider	MDPI
Author	Choi, Haeok Lee, Kwangho
Copyright Year	2020
Description	To determine the micro-operating mechanism(MoM) of enterprises participating in the regulatory sandbox policy in fintech, this study analyzes the structure of enterprise innovation competencies and derives relevant implications. The results reveal that large, middle-standing, and small and medium-sized enterprises focus on security, infrastructure, and user-related technology development, respectively, to enhance their innovation competencies. The security-related issues considered by large enterprises entail relatively high costs in initial technology development and are closely related to infrastructure building. Large enterprises are focused on developing overall security-related technologies, whereas middle-standing enterprises are striving to develop infrastructure-related technologies, with particular emphasis on elementary technologies. Small and medium-sized enterprises are also making efforts to develop user-centered technologies that can directly be used in fintech. As a method to implement regulatory sandboxes tailored to the needs of participating enterprises in South Korea, this study will help to determine the MoM of such participants and establish strategies to support them sustainably in terms of evidence-based policy.
Starting Page	8126
e-ISSN	20711050
DOI	10.3390/su12198126
Journal	Sustainability
Issue Number	19
Volume Number	12
Language	English
Publisher	MDPI
Publisher Date	2020-10-01
Access Restriction	Open
Subject Keyword	Sustainability Information and Library Science Mom(micro-operating Mechanism) Regulatory Sandbox Fintech Type By Enterprise Innovation Competencies Patents Data Evidence-based Policy
Content Type	Text
Resource Type	Article

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