The Impact of the Regulatory Sandbox on the Fintech Industry, with a Discussion on the Relation between Regulatory Sandboxes and Open Innovation
Summary. Regulatory sandboxes—controlled environments allowing fintech companies to test innovations with regulatory flexibility—significantly boost venture capital investment in fintech ecosystems. Analysis of nine countries that adopted sandboxes first shows these frameworks reduce regulatory uncertainty and attract venture funding. The study provides empirical evidence that sandboxes effectively stimulate fintech industry growth and ecosystem development.
Cite this article
Goo, J. J., & Heo, J.. (2020). The Impact of the Regulatory Sandbox on the Fintech Industry, with a Discussion on the Relation between Regulatory Sandboxes and Open Innovation. Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.3390/joitmc6020043
Goo, Jayoung James, and Joo-yeun Heo. “The Impact of the Regulatory Sandbox on the Fintech Industry, with a Discussion on the Relation between Regulatory Sandboxes and Open Innovation.” Journal of Open Innovation Technology Market and Complexity, 2020. https://doi.org/10.3390/joitmc6020043.
Goo, Jayoung James, and Joo-yeun Heo. 2020. “The Impact of the Regulatory Sandbox on the Fintech Industry, with a Discussion on the Relation between Regulatory Sandboxes and Open Innovation.” Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.3390/joitmc6020043.
@article{goo-2020-impact-regulatory-sandbox-fintech-industry,
title = {The Impact of the Regulatory Sandbox on the Fintech Industry, with a Discussion on the Relation between Regulatory Sandboxes and Open Innovation},
author = {Jayoung James Goo and Joo-yeun Heo},
journal = {Journal of Open Innovation Technology Market and Complexity},
year = {2020},
doi = {10.3390/joitmc6020043},
url = {https://doi.org/10.3390/joitmc6020043}
}
TY - JOUR TI - The Impact of the Regulatory Sandbox on the Fintech Industry, with a Discussion on the Relation between Regulatory Sandboxes and Open Innovation AU - Jayoung James Goo AU - Joo-yeun Heo JO - Journal of Open Innovation Technology Market and Complexity PY - 2020 DO - 10.3390/joitmc6020043 UR - https://doi.org/10.3390/joitmc6020043 ER -
Details
- DOI
- 10.3390/joitmc6020043
- Countries
- South Korea
- Regions
- Asia
- Categories
- policy, entrepreneurship, innovation-networks, general-innovation
- Added
- 2026-04-28