The Market Value of Technology Disclosures to Standard Setting Organizations
Katrin Hussinger and
Franz Schwiebacher
Industry and Innovation, 2015, vol. 22, issue 4, 321-344
Abstract:
In light of the increased demand for interoperability, fragmented ownership of intellectual property and high costs for communicating new technologies, open standard-setting activities emerged as an important coordination and diffusion mechanism. Little is known about the value of contributions to standard setting organizations (SSOs) for technology providers. This paper provides a large-scale empirical assessment of the value of disclosures to SSOs for technology sponsors. Our findings show that disclosures referring explicitly to patents are evaluated positively by the market while this is not the case for blanket disclosures. This indicates that the expected benefits of participating in SSOs outweigh potential disadvantages from making patented technologies available to the market under SSO licensing conditions. The market does not appreciate disclosures to SSOs if there is uncertainty about the associated technologies.
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (20)
Downloads: (external link)
http://hdl.handle.net/10.1080/13662716.2015.1049866 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:indinn:v:22:y:2015:i:4:p:321-344
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CIAI20
DOI: 10.1080/13662716.2015.1049866
Access Statistics for this article
Industry and Innovation is currently edited by Associate Professor Mark Lorenzen
More articles in Industry and Innovation from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().