This paper discusses the design, implementation and use of standards from the perspective of transaction costs … economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which … shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards …

This paper discusses the design, implementation and use of standards from the perspective of transaction costs … economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which … shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards …

This paper discusses the design, implementation and use of standards from the perspective of transaction costs … economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which … shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards …

potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … often set the incentives for the development of innovations economy-wide. In this paper, guided by recent micro- and macro …-economic research, we discuss vices and virtues of the many ways to induce potential suppliers to create and sell innovations. We …

This paper discusses the design, implementation and use of standards from the perspective of transaction costs … economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which … shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards …

innovation?, they find it difficult to produce consortia standards by means of vertical coordination. Equally, we consider … innovation process. We have also seen the recent emergence of three ?open source? consortia: the Symbian and LiMo Foundations … coherence of this strategy, we analyse the ability of these consortia to produce standards. Bearing in mind the exploratory …