Abstract
Technological standards and product standardization today are subjects of active policy concern in business and government. Standards have a significant bearing upon both the development and the diffusion of new technologies and products, and the process of technological innovation obviously exerts a powerful force upon the structure of markets and the performance of industries. So it is not surprising that issues concerning 'standards', although once quite neglected, have emerged since the mid-1970s as a focus of analytical and empirical attention among economists, especially among those preoccupied with the economics of industrial organization and international competition (see Hemenway 1975, Kindleberger 1983, LeCraw 1984, and Farrell and Saloner 1985b for recent surveys).
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Publication Info
- Year
- 1987
- Type
- book-chapter
- Pages
- 206-239
- Citations
- 380
- Access
- Closed
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- DOI
- 10.1017/cbo9780511559938.010