Regulatory Sandbox as an Alternative to Insert the Disruptive Innovations Developed by Startups in Brazil

Authors

DOI:

https://doi.org/10.31686/ijier.vol9.iss9.3395

Keywords:

Disruptive Innovation, Regulatory Sandbox, Startups legal framework

Abstract

Aim: This study presents an analysis to be used in regulatory environment as an option for start-ups to insert their products and/ or services in the market in Brazil. Methods:   This is an applied, exploratory, document a qualitative-quantitative. It was carried-out a systematic review at CAPES journals, Brazilian Digital Library of theses and dissertations (BDTD) and Electronic Scientific Online Library (CIELO) with a time period of 5 years, so as with the exploration of experience programmes of Regulatory Sandbox, particularly in the United Kingdom, besides the brief analysis regarding the legal landmark of Start-ups and Innovative Entrepreneurship MLSEI- Supplementary law Nº 182/2021. The analysis was performed in a way to evaluate the existence of good practices in regulatory environments and its adequation and inclusion in the market of disrupt innovations, looking for legal certainty for the companies, the State and consumer. Results: Findings show that there are meaningful advantages in the insertion of new technologies in regulatory environment in a pre-established time, with users’ limitation and supervision assisted in a way to bring to the market those technologies with greater law certainty. 

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Author Biographies

Pablo Wanderley Vitório , Federal University of Pernambuco

MSc Candidate, Center for Social Sciences, Postgraduate Program in Intellectual Property and Technology Transfer for Innovation, PROFNIT – UFPE

Rebeca Lydia Pernambuco Lins Pessoa, Federal University of Pernambuco

MSc Candidate, Center for Social Sciences, Postgraduate Program in Intellectual Property and Technology Transfer for Innovation, PROFNIT – UFPE

Danielle S. Simões-Borgiani, Federal University of Pernambuco

PhD, Center for Social Sciences, Postgraduate Program in Intellectual Property and Technology Transfer for Innovation, PROFNIT – UFPE

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Published

01-09-2021

How to Cite

Vitório , P. W., Pessoa, R. L. P. L., & S. Simões-Borgiani, D. (2021). Regulatory Sandbox as an Alternative to Insert the Disruptive Innovations Developed by Startups in Brazil. International Journal for Innovation Education and Research, 9(9), 555–562. https://doi.org/10.31686/ijier.vol9.iss9.3395