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Standards and expansion paths in high-tech industries

In: Handbook of Innovation and Standards

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  • Gregory Tassey

Abstract

Standards are a ubiquitous technical infrastructure in high-tech industries. They affect the efficiency of all three stages of technology-based economic activity: research and development, production, and market development. Such activity produces complex knowledge-intensive products and services, which require: (1) accurate characterization of advanced materials that make up today’s state-of-the-art technologies in order to enable efficient product technology development; (2) process control to assure high quality and yield during the production stage; and (3) sophisticated measurement and testing standards to assure buyers of both component and system performance. To achieve these ends, standards must be a critical part of the technology infrastructure supporting high-tech industries. This chapter describes the economic roles of the different types of standards and their collective effect on a technology’s expansion path.

Suggested Citation

  • Gregory Tassey, 2017. "Standards and expansion paths in high-tech industries," Chapters, in: Richard Hawkins & Knut Blind & Robert Page (ed.), Handbook of Innovation and Standards, chapter 7, pages 135-161, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15554_7
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    Cited by:

    1. Iizuka, Michiko & Ikeda, Yoko, 2019. "Regulation and innovation under Industry 4.0: Case of medical/healthcare robot, HAL by Cyberdyne," MERIT Working Papers 2019-038, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Iizuka, Michiko & Ikeda, Yoko, 2021. "Regulation and innovation under the 4th industrial revolution: The case of a healthcare robot, HAL by Cyberdyne," Technovation, Elsevier, vol. 108(C).

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