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Paper Type

ERF

Description

We study how social structure, strategic heterogeneity, and competition impact collaboration efforts among firms in a technological standard-setting organization. Our findings reveal that a higher level of social capital among firms in the standard committee leads to a quicker consensus over the current standard. However, more competition among committee firms and larger committees delays the time to consensus. Our study emphasizes that supporting open standard development and consensus-based decision making is a double-edged sword for SSOs. Our research has some implications for value-cocreation in open innovation alliances.

Paper Number

1243

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Aug 10th, 12:00 AM

On Technology Ecosystems: De-Jure Standards Setting by Firms

We study how social structure, strategic heterogeneity, and competition impact collaboration efforts among firms in a technological standard-setting organization. Our findings reveal that a higher level of social capital among firms in the standard committee leads to a quicker consensus over the current standard. However, more competition among committee firms and larger committees delays the time to consensus. Our study emphasizes that supporting open standard development and consensus-based decision making is a double-edged sword for SSOs. Our research has some implications for value-cocreation in open innovation alliances.

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