Technological Uncertainty and Standardization Strategies: A Coopetition Framework

Standards may be arrived at through various coordination mechanisms, including cooperation, coopetition, or competition. This article explores how technological uncertainty affects the coordination mechanism for standardization. The article is based on the Community Innovation Survey, a sizeable firm-level survey representative of the Luxembourgish economy. The econometric analysis finds evidence that firms facing technological uncertainty will choose for standardization through competition and coopetition.