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Consortia in the standards development process

โœ Scribed by Weiss, Martin ;Cargill, Carl

Publisher
John Wiley and Sons
Year
1992
Tongue
English
Weight
966 KB
Volume
43
Category
Article
ISSN
0002-8231

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โœฆ Synopsis

Among the many new phenomena that have arisen since the divestiture of AT&T in the United States, and the liberalization of information technology markets worldwide, the emergence of consortia explicitly related to the standards setting process. While R&D consortia and user groups have existed for many years, consortia in the standards-setting process possess unique properties. This article develops a classification of the standards-setting consortia and develops a theoretical basis for their emergence. This theory is based on the confluence of two classical economic theories: political theory and the theory of markets where network externalities exist. We also consider the implications of these consortia on the standards-setting process from theoretical and practical perspectives.

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