To determine the micro-operating mechanism(MoM) of enterprises participating in the regulatory sandbox policy in fintech, this study analyzes the structure of enterprise innovation competencies and derives relevant implications. The results reveal that large, middle-standing, and small and medium-sized enterprises focus on security, infrastructure, and user-related technology development, respectively, to enhance their innovation competencies. The security-related issues considered by large enterprises entail relatively high costs in initial technology development and are closely related to infrastructure building. Large enterprises are focused on developing overall security-related technologies, whereas middle-standing enterprises are striving to develop infrastructure-related technologies, with particular emphasis on elementary technologies. Small and medium-sized enterprises are also making efforts to develop user-centered technologies that can directly be used in fintech. As a method to implement regulatory sandboxes tailored to the needs of participating enterprises in South Korea, this study will help to determine the MoM of such participants and establish strategies to support them sustainably in terms of evidence-based policy.

This study presents methods for finding and utilizing demand-oriented data to meet public demands for creating sustainable and inclusive regulation policies. It attempted to analyze these methods scientifically, by collecting information on public demands. The results confirmed that there is a demand for policy that utilizes consensus in the regulation standards of newly emerging services. They also indicated that the legal system should be in alignment with the priorities associated with the setting of standards for regulation-related policies. Additionally, a group network analysis revealed that standards were linked to area management, confirming that area management should also be considered when resolving regulatory issues related to new industries and services. Finally, the results suggested that a land management system for regulatory policy is needed to allow for the autonomous formulation of regulatory policies through the small-scale management of land. The present study can be used to better comprehend civil complaint data and as a reliable reference in the policymaking process, ensuring more sustainable and adaptive regulations.