The impact of participation within formal standardization on firm performance

dc.contributor.authorWakke, Paul
dc.contributor.authorBlind, Knut
dc.contributor.authorRamel, Florian
dc.date.accessioned2017-08-28T11:30:36Z
dc.date.available2017-08-28T11:30:36Z
dc.date.issued2016
dc.description.abstractSeveral studies highlight the economic benefits of standards, while the benefit of taking part in standardization remains a rather unexplored mystery to date. In theory, standard setters not only benefit from the possibility to monitor and shape the development of standards but also access a wide range of knowledge sources in the standards committee. Therefore, we investigate how the participation within formal standardization is related to the performance of 1561 German companies. A Cobb-Douglas production function is estimated in order to use the Solow-residuals as indicator for the firm performance. Participation within formal standardization is measured by the number of committee seats at the German Institute for Standardization (DIN). Our results suggest that participation within formal standardization is positively related to firm performance in the manufacturing sector. In the service sector, no clear evidence for such a relationship is found. This finding also holds true when we test if a service providers’ intellectual property is well protected through patents.en
dc.identifier.eissn1573-0441
dc.identifier.issn0895-562X
dc.identifier.urihttp://depositonce.tu-berlin.de/handle/11303/6640
dc.identifier.urihttp://dx.doi.org/10.14279/depositonce-6081
dc.language.isoen
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subject.ddc330 Wirtschaft
dc.subject.otherparticipationen
dc.subject.otherstandardizationen
dc.subject.otherfirm performanceen
dc.subject.othercobb-douglas production functionen
dc.titleThe impact of participation within formal standardization on firm performanceen
dc.typeArticle
dc.type.versionpublishedVersion
dcterms.bibliographicCitation.doi10.1007/s11123-016-0465-3
dcterms.bibliographicCitation.issue3
dcterms.bibliographicCitation.journaltitleJournal of productivity analysis
dcterms.bibliographicCitation.originalpublishernameSpringer
dcterms.bibliographicCitation.originalpublisherplaceDodrecht
dcterms.bibliographicCitation.pageend330
dcterms.bibliographicCitation.pagestart317
dcterms.bibliographicCitation.volume45
tub.accessrights.dnbfree
tub.affiliationFak. 7 Wirtschaft und Management>Inst. Technologie und Management (ITM)>FG Innovationsökonomiede
tub.affiliation.facultyFak. 7 Wirtschaft und Managementde
tub.affiliation.groupFG Innovationsökonomiede
tub.affiliation.instituteInst. Technologie und Management (ITM)de
tub.publisher.universityorinstitutionTechnische Universität Berlin
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