Economic Evaluation Model for International Standardization of Correlated Technologies


Standardization is becoming increasingly important, and therefore firms need to begin planning for standardization as early as the R&D stage. While the costs of implementing early standardization are high and have a low probability of success, the potential benefits can greatly exceed the initial costs if the project is successfully managed. In cases of… (More)
DOI: 10.1109/TEM.2010.2058853

8 Figures and Tables