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Skip to Content Japanese English Chinese About RIETI Site Map Help Contact Discussion Papers Search Site Search Menu Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows According to Title Alphabetical order RIETI Alumni Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) Research Areas Fellows Research/Policy Papers Publications Events Data Articles Site Map Technical Issues Coontact Discussion Papers Search Close HomePublicationsRIETI Books (Japanese) Innovation Implemented by Public-private Co-creation: Challenges of the regulatory sandbox and beyond Print Author(s)/Editor(s) Written and edited by NAKAHARA Hirohiko, IKEDA Yoko Publisher Bestbook ISBN 978-4-8314-0247-9 Publication Date February 2024 Table of Contents During the fourth industrial revolution, Artificial Intelligence (AI) and blockchain are bringing great innovation potential to society. However, these innovative technologies and the business models that utilize them may not be successfully implemented in society. Why is that? This book focuses on policy research on the "regulatory sandbox system" to solve this issue from the perspective of rules, but goes further, developing into a theory of policy formation in the DX era, and proposes the promotion of innovation through co-creation between the public and private sectors. A must-read book for current bureaucrats, it includes case studies that go into the thoughts and thought processes of the administrative officials in charge, and interviews with startups and local municipality on the front lines. Chapter 1: Public Implementation of New Technologies and Business Models Chapter 2: Disruptive Innovation and Policy Formulation Theory in the Digital Transformation Era Chapter 3: Regulatory Sandbox Case Analysis 　Case Study 1: Reformation of Therapeutic Drug with Blockchain Technology – SUSMED, Inc. 　Case Study 2: The Challenge of New Mobility – grafit inc. 　Case Study 3: Electric Kickboard Sharing Service – Luup, Inc. 　Case Study 4: Introduction of P2P insurance 　　Case I: "Warikan (Split the Bill) Insurance" that Brings the Joy of Helping and Being Helped to 　　All – JustInCase, Inc. 　　Case II: Demonstration on P2P Insurance in which Individuals Contribute Small Amounts to Each Other for 　　Mutual Assistance – Frich Co., Ltd. 　Case Study 5: Building a Professional Payment Platform that Enables Simultaneous Payment in Virtual and 　Legal Currencies – Crypto Garage, Inc. 　Case Study 6: Review of the Real Estate Brokerage Act and the Act on Land and Building Leases, and the 　Digital Transformation of Real Estate Transactions 　　Case I: "Demonstration Plan for Electronic Delivery of Documents at the Time of the Real Estate Lease 　　Contract” 　　Case II: Demonstration on the Preparation of Fixed-Term Building Lease Contracts for Monthly Apartment 　　Businesses Using Electronic Contracting System – gooddays Holdings, Inc. 　Case Study 7: Identity Verification for Opening an Account at a Financial Institution using Information from an 　Electric Power Company – Caulis Inc., The Kansai Electric Power Co., Inc. 　Case Study 8: Demonstration of SMS-based Notification of Assignment of Accounts Receivable – Linx 　Corporation 　Case Study 9: Demonstration of Non-prescription Drug Sales using Over-the-counter Vending Machines in 　the Station Ticket Gates – Taisho Pharmaceutical Co., Ltd. Chapter 4: Voices of the Trailblazers of our Time 　SHII Taihei (CEO, Startbahn, Inc.) 　NASUNO Kaoru (CEO, DeepX, Inc.) 　FUKAZAWA Tomohiro (CEO, SkyDrive Inc.) 　SHIBATA Hideki (CEO, Kort Valuta Co., Ltd.) 　SHIROTORI Takashi (Mayor of Ina City, Nagano Prefecture) 　Special Roundtable Discussion 　(ANNEN Junji, Professor, Graduate School of Law, Chuo University / OCHIAI Takafumi, Senior Partner, 　Director, Prototype Policy Institute, Atsumi & Sakai Law Firm/ MASUJIMA Masakazu, Partner, Mori Hamada 　& Matsumoto Law Firm) Chapter 5: New Developments in Corporate Legal Functions Publications RIETI Books (English) RIETI Books (Japanese) Economic Policy Review Series (Japanese) Economic Policy Analysis Series (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Communications Newsletter RSS Feed Facebook X YouTube Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) About RIETI Privacy Policy Site Policy Site Map Help Contact METI Web Site Research Institute of Economy, Trade and Industry, IAA (JCN 6010005005426)JCN: Japan Corporate Number Opinions expressed or implied on this website are solely those of the author, and do not necessarily represent the views of the Research Institute of Economy, Trade and Industry (RIETI).Titles, numbers, specific names, etc. on this website are as of the date of publication. 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