Our experts published a public report on the economic impact of technical standards, looking at how different approaches (e.g., broad standard-setting organizations, or large vertically-integrated, or government standards) lead to different technological and economic outcomes.
We reviewed the economic literature and described the development and impact of standards in some exemplar industries (i.e. mobile telephony, TV broadcasting and PC operating systems). We also discussed how standard-setting organizations and their governance arrangements affect these outcomes. Our research showed that industries based on open technology standards (agreed through voluntary participation in industry bodies) have an impressive record of innovation.
The report ‘Economic Impact of Technology Standards – The past and the road ahead’ by Jorge Padilla and John Davies (September 2017) was commissioned by Qualcomm.