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The Economics of Standards

Edited by Albert N. Link,Virginia Batte Phillips Distinguished Professor, University of North Carolina at Greensboro, US
This comprehensive single volume includes seminal articles written by eminent scholars that study the role of standards in the competitive process, the diffusion of standards throughout industry and the role of the public sector in support of standards development.

With an original introduction by the editor, this volume is an excellent source of reference and provides an invaluable foundation for students and researchers interested in standards.
Extent: 768 pp
Hardback Price: $399.00 Web: $359.10
Publication Date: 2016
ISBN: 978 1 78471 731 5
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  • Economics and Finance
  • Economics of Innovation
  • Industrial Economics
  • Innovation and Technology
  • Economics of Innovation
This comprehensive single volume includes seminal articles written by eminent scholars that study the role of standards in the competitive process, the diffusion of standards throughout industry and the role of the public sector in support of standards development.

With an original introduction by the editor, this volume is an excellent source of reference and provides an invaluable foundation for students and researchers interested in standards.
‘Al Link has done a masterful job in selecting a broad set of papers that collectively present the state-of-the-art in economics and policy relating to standards and their role in promoting technological advancement and shaping competition across industry. This volume is an invaluable source to students of technological change and innovation and, by extension, to decision makers in government and industry. A must read.’
– Nicholas Vonortas, George Washington University, US

34 articles, dating from 1954 to 2012
Contributors include: T. Bresnahan, P.A. David, J. Farrell, S. Greenstein, G. Saloner, S. Salop, J.T. Scott, G. Tassey
Contents

Introduction Albert N. Link

PART I AN OVERVIEW OF STANDARDS
1. George V. Thompson (1954), ‘Intercompany, Technical Standardization in the Early American Automobile Industry’, Journal of Economic History, 14 (1), Winter, 1–20

2. Charles P. Kindleberger (1983), ‘Standards as Public, Collective and Private Goods’, Kyklos, 36 (3), 377–96

3. Joseph Farrell and Garth Saloner (1985), ‘Standardization, Compatibility and Innovation,’ Rand Journal of Economics, 16 (1), Spring, 70–83

4. Paul A. David and Shane Greenstein (1990), ‘The Economics of Compatibility Standards: An Introduction to Recent Research’, Economics of Innovation and New Technology, 1 (1), 3–41

5. Stanley M. Besen and Joseph Farrell (1994), ‘Choosing How to Compete: Strategies and Tactics in Standardization’, Journal of Economic Perspectives, 8 (2), Spring, 117–31

6. Mark A. Lemley (2002), ‘Intellectual Property Rights and Standard-Setting Organizations,’ California Law Review, 90 (6), December, 1889–980

7. Victor Stango (2004), ‘The Economics of Standards Wars’, Review of Network Economics, 3 (1), March, 1–19

PART II COMPETITION AND STANDARDS
8. Albert N. Link (1983), ‘Market Structure and Voluntary Product Standards’, Applied Economics, 15 (3), 393–401

9. Donald J. Lecraw (1984), ‘Some Economic Effects of Standards’, Applied Economics, 16 (4), 507-22

10. Shane Greenstein (1990), ‘Creating Economic Advantage By Setting Compatibility Standards: Can ‘‘Physical Tie-Ins” Extend Monopoly Power?’ Economics of Innovation and New Technology, 1 (1-2), 63–83

11. Harald Gruber (2000), ‘The Evolution of Market Structure in Semiconductors: The Role of Product Standards’, Research Policy, 29 (6), 725–40

12. Joseph Farrell and Timothy Simcoe (2012), ‘Choosing the Rules for Consensus Standardization’, Rand Journal of Economics, 43 (2), Summer, 235–52

PART III STANDARDS AND TECHNOLOGY DIFFUSION
13. Albert N. Link and Gregory Tassey (1988), ‘Standards and the Diffusion of Advanced Technologies’, Evaluation and Program Planning, 11 (1), 97–102

14. Paul A. David and W. Edward Steinmueller (1990), ‘The ISDN Bandwagon Is Coming, but Who Will Be There to Climb Aboard?: Quandaries in The Economics of Data Communication Networks’, Economics of Innovation and New Technology, 1 (1-2), 43–62

15. Jeffrey L. Funk and David T. Methe (2001), ‘Market- and Committee-Based Mechanisms in the Creation and Diffusion of Global Industry Standards: The Case of Mobile Communication’, Research Policy, 30 (4), 589–610

16. Jeffrey L. Funk (2003), ‘Standards, Dominant Designs and Preferential Acquisition of Complementary Assets through Slight Information Advantages’, Research Policy, 32 (8), 1325–41

17. Anat Hovav, Martin Hemmert and Yoo Jung Kim (2011), ‘Determinants of Internet Standards Adoption: The Case of South Korea’, Research Policy, 40 (2), 253–62

PART IV STANDARDS AND COMPUTER- RELATED TECHNOLOGIES
18. Raymond S. Hartman and David J. Teece (1990), ‘Product Emulation Strategies in the Presence of Reputation Effects and Network Externalities: Some Evidence from the Minicomputer Industry’, Economics of Innovation and New Technology, 1 (1-2), 157–82

19. Garth Saloner (1990), ‘Economic Issues in Computer Interface Standardization’, Economics of Innovation and New Technology, 1 (1-2), 135–56

20. Tom Cottrell (1994) ‘Fragmented Standards and the Development of Japan’s Microcomputer Software Industry’, Research Policy, 23 (2), 143–74

21. Timothy F. Bresnahan and Shane Greenstein (1999), ‘Technological Competition and the Structure of the Computer Industry’, Journal of Industrial Economics, 47 (1), March, 1–40

PART V CASE STUDIES ON STANDARDS
22. Wallace E. Oates, Paul R. Portney and Albert M. McGartland (1989), ‘The Net Benefits of Incentive-Based Regulation: A Case Study of Environmental Standard Setting’, American Economic Review, 79 (5), December, 1233–42

23. Timothy F. Bresnahan and Amit Chopra (1990), ‘The Development of the Local Area Network Market as Determined by User Needs’, Economics of Innovation and New Technology, 1 (1-2), 97–110

24. Steven C. Salop (1990), ‘Deregulating Self-Regulated Shared ATM Networks’, Economics of Innovation and New Technology, 1 (1-2), 85–96

25. Bruce S. Tether, Christiane Hipp and Ian Miles (2001), ‘Standardisation and Particularisation in Services: Evidence from Germany’, Research Policy, 30 (7), August, 1115–38

26. Thomas A. Hemphill (2009), ‘Technology Standards-Setting in the US Wireless Telecommunications Industry: A Study of Three Generations of Digital Standards Development’, Telematics and Informatics, 26 (1), February, 103–24

27. Albert N. Link and John T. Scott (2012), ‘On the Social Value of Quality: An Economic Evaluation of the Baldrige Performance Excellence Program’, Science and Public Policy, 39 (5), 680–89

28. Timothy Simcoe (2012), ‘Standard Setting Committees: Consensus Governance for Shared Technology Platforms’, American Economic Review, 102 (1), February, 305–36


PART VI PUBLIC INVOLVEMENT IN STANDARDS DEVELOPMENT
29. Gregory Tassey (1982), ‘The Role of Government in Supporting Measurement Standards for High-Technology Industries’, Research Policy, 11 (5), 311–20

30. Antonio J. Bailetti and John R. Callahan (1995), ‘Managing Consistency between Product Development and Public Standards Evolution’, Research Policy, 24 (6), 913–31

31. Bert Coursey and Albert N. Link (1998), ‘Evaluating Technology-Based Public Institutions: The Case of Radiopharmaceutical Standards Research at the National Institute of Standards and Technology’, Evaluation Review, 7 (3), December, 147–57

32. Danièle Bénézech, Gilles Lambert, Blandine Lanoux, Christophe Lerch and Jocelyne Loos-Baroin (2001), ‘Completion of Knowledge Codification: An Illustration through the ISO 9000 Standards Implementation Process’, Research Policy, 30 (9), 1395–407

33. Gregory Tassey (2005), ‘Underinvestment in Public Good Technologies’, Journal of Technology Transfer, 30 (1-2) 89–113

34. Michael P. Gallaher and Brent R. Rowe (2006), ‘The Costs and Benefits of Transferring Technology Infrastructures Underlying Complex Standards: The Case of IPv6’, Journal of Technology Transfer, 31 (5), 519–44

Index