Jump to ContentJump to Main Navigation
Varieties of CapitalismThe Institutional Foundations of Comparative Advantage$
Users without a subscription are not able to see the full content.

Peter A. Hall and David Soskice

Print publication date: 2001

Print ISBN-13: 9780199247752

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199247757.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 24 January 2020

National Varieties of Standardization

National Varieties of Standardization

Chapter:
(p.442) 14 National Varieties of Standardization
Source:
Varieties of Capitalism
Author(s):

Jay Tate

Publisher:
Oxford University Press
DOI:10.1093/0199247757.003.0014

Both liberal and coordinated market economies engage in standardization, but the ease of ‘exit’ and the character of ‘voice’ differ. In a liberal market economy, firms tend to use standards opportunistically, whether in low‐end price competition or high‐end competition over intellectual property rights to radical innovations. Standards institutions compete for customers and operate for profit, and state actors are more likely to intervene directly to secure particular standards than to promote economy‐wide coordination. In a coordinated market economy, where defections and reliance upon market‐based de facto standardization are less common, firms rely on formal, pre‐competitive standards to weed out technically inferior solutions, minimize opportunities for price‐based competition, and facilitate relatively redictable strategies of incremental innovation. Standards institutions are run less like a profit centre and more like a shared economic infrastructure, which even state actors tend to utilize and extend.

Keywords:   coordination, European Union, harmonization, innovation, intellectual property, ISO 9000, price competition, standards, technical regulation

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .