Open AccessDiffusion of Innovations: Patenting or Standardization
Author(s) -
I. Z. Aronov,
Aleksandr Zazhigalkin
Publication year - 2017
Publication title -
international journal of mathematical, engineering and management sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.228
H-Index - 10
ISSN - 2455-7749
DOI - 10.33889/ijmems.2017.2.2-007
Subject(s) - standardization , license , duopoly , diffusion , industrial organization , business , economics , risk analysis (engineering) , microeconomics , computer science , physics , thermodynamics , cournot competition , operating system
In this paper, the authors proposed provisions under which the standards are more preferable than patents. They are defined in duopoly model of Standard - Patent. The article shows that the observed criterion (criteria) of efficiency standards in comparison with patents is a small scatter of royalties specific to the assessment of the cost of the license. Based on this criterion, sectors of the economy in which the standard can be more effective than patent for user were identified.