What is the velocity of policy

In the article by McCarthy, Lawrence, Wixted and Gordon - Academy of Management Review 2010, we defined velocity not only as the rate of change but also the direction of change. In the article we were concentrating on the characteristics of for profit organisational environments and thus defined the dimensions of their environments as technology, demand, regulation, competition and products.

It seems that our velocity concepts and analytics are perfectly suited to 'innovation policy'

But we need to come up with new dimensions.

We could ask.

• when were broad innovation policy reviews were conducted
• when were particularly disruptive technologies first introduced into the market
• when did the technology noticeably disrupt?
• when was legislation introduced?

So we could take as an example Napster and online file sharing really took off around 2000 and while existing copyright laws were somewhat useful they could not deal with digital realities.

The new Canada copyright laws were passed in 2011 and received ascent in 2012. Thus there was a time interval of 12 years. That is a reasonably slow velocity for the legislation. I make no observation regarding whether the new legislation actually is the correct direction - there is huge debates over that.