The role of Innovation and Convergence in Complicating ICT Regulation Essay

The role of Innovation and Convergence in Complicating ICT order - Essay ExampleThe paper tells that the concept of command entails a number of aspects including a specific practice of commands a deliberate influence by the state and socio- frugal influences, all of which influence social or economic behaviour. The authors further argue that although regulation mainly elicits the perception of restricting behaviour and preventive of certain activities, it roll in the hay also be viewed as facilitative/enabling. For instance, regulation permits and controls the use of airwaves, allowing for broadcasting which would otherwise be chaotic. Borras the right way captures the relationship between regulation and ICT through a discussion on standards and innovation. Standards determine the interchangeability and interconnectivity of products and so the overall technological evolution of the industry. However, the ICT environment is heavily revolutionary in terms of technology and gove rnor standards find it difficult to al slipway keep up. The regulation of ICT presents with a number of challenges arising several different perspectives and repugn issues about how the regulators should go about it. Whereas issues of IPR dominate the cyberspace, other areas in the ICT industry provide an opportunity to assign regulation and promote aspiration. For instance, elements in network industry value chains involve retailing to end-users where contender is feasible and thus limit the need for regulation. However, the limits to competition among the players in the telecommunications industry are uncertain imputable the impact of technology. (Baldwin, Cave and Lodge 2010, p. 501). Here, innovation and convergence play an important role in complicating regulation of the ICT sector, calling for equally inventive and capable strategies to ensure proper and healthy regulation. Role of Innovation in Complicating ICT Regulation Innovation in the ICT industry occurs at a much fa ster pace and from galore(postnominal) different angles than in most other sectors. As the Regulation Reform Unit (2010, p. 5-6) argues, regulatory activities and agencies give way the challenge of reflecting technological changes and market developments in the ICT environment. Regulation of the ICT sector impinges on many different aspects including competition, interconnection, charge of spectrum, authorisation and price controls among other aspects (ICT Regulation Toolkit 2012). Innovation impacts all of these aspects of ICT regulation in different ways but all centering on the rate at which innovation occurs. In terms of competition and price controls, the horizontal and vertical innovations witnessed everyday in the ICT sector challenge the traditional paradigm of regulation which embeds in the economic sense. Technological developments score implications on existing market structures at the overall economic level. A stable format of regulation seeking to stabilise the ICT s ector would not hold in some sections as innovations render what is today valuable absolutely unimportant tomorrow. To keep up, the regulatory mechanisms have to evolve and develop new ways of regulating the newly formed ICT market structure. This may