A dynamic framework for analyzing technology standardisation using network analysis and game theory

As more technologies and industries converge, technology standards are more likely to be a strategic factor for firms and governments that are interested in the market with standards-based competition. From the previous research, a new standardisation framework was proposed by combining network anal...

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Bibliographic Details
Published in:Technology analysis & strategic management 2018-05, Vol.30 (5), p.540-555
Main Authors: Kim, Keungoui, Jung, Sungdo, Hwang, Junseok, Hong, Ahreum
Format: Article
Language:English
Subjects:
Empirical analysis
Feasibility
Feasibility studies
Game theory
High definition
Network analysis
Optical disks
Technology
Technology assessment
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Summary:As more technologies and industries converge, technology standards are more likely to be a strategic factor for firms and governments that are interested in the market with standards-based competition. From the previous research, a new standardisation framework was proposed by combining network analysis and the game theory model but was constrained by feasibility and dynamic approach. In this study, the case of the standards war between HD-DVD and Blu-ray was analyzed with patent data as an empirical case considering a dynamic framework. With this framework, we observed a change in a firm's technology relations and could predict the decline in a firm's preference and the shift of equilibrium ahead of Toshiba's resignation.
ISSN:0953-7325
1465-3990
DOI:10.1080/09537325.2017.1340639