We analyse the international process of standardising the so-called third-generation (3G) mobile communications systems as well as China's 3G policy in order to shed light on the relationship between regulation and innovation. For this analysis, we propose a transaction cost-theoretic framework by distinguishing between two types of transaction costs related to the coordination of the development of new complementary products and services, on the one hand, and to communication of knowledge necessary for evaluating products incorporating new technology from a buyer's point of view on the other hand. Based on this analysis, we conclude that the relationship between regulation and innovation is contingent while proposing that the transaction cost-theoretic framework suggested in this paper â if suitably elaborated â offers a way to gauge future regulatory measures with regard to their likely impact on innovation.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2 (2007) Issue (Month): 1 (January) Pages: 124-139 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF