Purpose

Globally, the governance has shifted from positivist to the regulatory-centric approach, necessitating accurate contouring of regulatory governance framework. The study proposes a novel approach to unravel the regulatory governance framework in the context of the Indian electronics industry – extendable to other sectors in India and other emerging economies.

Design/methodology/approach

The research objective has been operationalized through document analysis and thematic analysis of semi-structured interview transcripts in three steps: (1) arrive at parameters of the regulatory governance framework, (2) identify instruments against each parameter and (3) characterize parameters in terms of dominant instruments and their underlying modalities. The authors have adopted a set of 6 Cs modalities (control, communications, competition, consensus, code and collaboration) and regulatory space theory to analyze existing modalities mix in the dominant instruments.

Findings

In summary, the study has (1) identified eight macro and twenty micro regulatory governance parameters, (2) mapped regulatory governance parameters with instruments and institutions (3) revealed the top two dominant modalities for each regulatory governance parameter.

Practical implications

The existing modality characteristics of regulatory governance parameters can be used by manufacturers, investors and other stakeholders to make a realistic assessment of regulatory governance and reduce regulatory risk and regulatory burden.

Originality/value

The multidimensional use of parameters, instruments and modalities broadens the understanding of the existing regulatory governance framework and may assist the regulators in optimizing it to meet market requirements.

中文翻译：

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新兴经济体监管治理框架的轮廓：一种新颖的多维方法

目的

从全球来看，治理已经从实证主义转向以监管为中心，需要准确勾勒监管治理框架。该研究提出了一种在印度电子行业背景下阐明监管治理框架的新颖方法，并且可以扩展到印度和其他新兴经济体的其他行业。

设计/方法论/途径

研究目标已通过半结构化访谈记录的文件分析和主题分析分三个步骤实现：（1）得出监管治理框架的参数，（2）针对每个参数识别工具，（3）用术语描述参数主要工具及其基本模式。作者采用了一套 6 Cs 模式（控制、通信、竞争、共识、代码和协作）和监管空间理论来分析主导工具中的现有模式组合。

发现

总之，该研究（1）确定了八个宏观和二十个微观监管治理参数，（2）用工具和机构绘制了监管治理参数，（3）揭示了每个监管治理参数的前两种主要模式。

实际影响

制造商、投资者和其他利益相关者可以利用现有的监管治理参数的模态特征对监管治理进行现实评估，降低监管风险和监管负担。

原创性/价值

参数、工具和模式的多维使用拓宽了对现有监管治理框架的理解，并可以帮助监管机构优化框架以满足市场要求。