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The Superior Performance Of Voluntary Technology Standards

BY | November 20, 2017

By Jorge Padilla & John Davies Standards defining how technologies work together have profound effects on market structure and incentives for innovation. They enable suppliers to co-operate and compete in…

By Jorge Padilla & John Davies

Standards defining how technologies work together have profound effects on market structure and incentives for innovation. They enable suppliers to co-operate and compete in product markets, while allowing diverse contributions to R&D, through a “market for technology.” The governance structure is crucial. Voluntary participation in Standards Development Organizations (“SDOs”) allows innovators and implementers to contribute to standards and licens

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