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Innovation and Regulation in the Telecommunications Sector

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  • Norbert Knoll

    (WIFO)

Abstract

Since the mid 1980s, the regulatory framework of the telecommunications sector has been undergoing a process of reform on an international scale. Market conditions have to be adjusted to technological change. Regulation is an element of technology policy, as it provides incentives for the development and diffusion of new technologies and services. In general, any regulatory reform must be based on the understanding that new instruments (e.g., auctioning) have to be developed, that regulation frequently demands an international harmonization of strategies and measures, and that the maintenance of the technical and legal rules applied to traditional telecommunication services (telephony) without due consideration of changing conditions may hinder the emergence of innovative applications, such as electronic commerce.

Suggested Citation

  • Norbert Knoll, 1998. "Innovation and Regulation in the Telecommunications Sector," Austrian Economic Quarterly, WIFO, vol. 3(2), pages 101-109, April.
  • Handle: RePEc:wfo:wquart:y:1998:i:2:p:101-109
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    References listed on IDEAS

    as
    1. Norbert Knoll, 1998. "Regulation and Innovative Activities: Telecommunications. tip Workshop Proceedings," WIFO Studies, WIFO, number 2856, July.
    2. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, December.
    3. Chang, Ha-Joon, 1997. "The Economics and Politics of Regulation," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 21(6), pages 703-728, November.
    4. Norbert Knoll, 1997. "Regulation and Innovative Activities: Electricity Supply Industry. tip Workshop Proceedings," WIFO Studies, WIFO, number 2839, July.
    5. Norbert Knoll & Michael Peneder & Katharina Warta, 1998. "Multimedia-Produktion in Österreich. Ergebnisse einer Unternehmensbefragung," WIFO Monatsberichte (monthly reports), WIFO, vol. 71(1), pages 55-63, January.
    6. Winston, Clifford, 1993. "Economic Deregulation: Days of Reckoning for Microeconomists," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1263-1289, September.
    7. Hannes Leo & Michael Peneder & Norbert Knoll & Fritz Ohler & Michael Latzer, 1994. "Telekommunikation im Umbruch. Innovation – Regulierung – Wettbewerb," WIFO Studies, WIFO, number 2785, July.
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