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The impact of competition law and private standardization on innovation success in domotics by Dutch SMEs

Boriglione, Valentijn (2018) The impact of competition law and private standardization on innovation success in domotics by Dutch SMEs.

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Abstract:This research analyses the impact of competition law and private standardization on innovation success in domotics by Dutch SMEs. Competition law and private standardization can influence innovation through shaping an industry’s competitive context. Even though competition law and formal standards are aimed towards correcting market failures, thus shaping an industry’s competitive context to enhance innovation, theory suggests that there are possibilities for policies to achieve counterproductive results. To test to what extent positive or negative effects can be derived from the Dutch domotics industry, information was gathered by interviewing four managers of domotics-oriented SMEs. This did not result in the surfacing of any laws specific to the domotics industry that result in market failures. However, private standardization was found in two cases to be obsolete in certain situations due to the speed at which technology advances in the domotics industry. SMEs’ lack of awareness can be a reason why this research was not able to identify competition laws that hamper innovation in domotics. This research therefore provides a basis for further research towards the impact of competition law and private standardization on innovation success in domotics with the concept of law awareness in mind.
Item Type:Essay (Bachelor)
Clients:
n.a., Nederland
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/74584
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