The Economics of Industry -Specific E -Business Standards and Standard Consortia
Zhao, Kexin
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https://hdl.handle.net/2142/84564
Description
Title
The Economics of Industry -Specific E -Business Standards and Standard Consortia
Author(s)
Zhao, Kexin
Issue Date
2007
Doctoral Committee Chair(s)
Shaw, Michael J.
Mu Xia
Department of Study
Business Administration
Discipline
Business Administration
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Information Science
Language
eng
Abstract
Industry-specific, or vertical, e-business standards are an important infrastructure facilitating information sharing among organizations within a specific industry sector. In many industries, voluntary vertical standard consortia have been organized to develop and promote the standards. This dissertation identifies unique economic features of vertical e-business standards, which help to explain the popularity of consortium-based standardization mechanism. A game theoretical model is developed to examine the endogenous formation of standard consortia, and the independence of the development stage and adoption stage of consortium-based e-business standardization. Finally, I propose a model to investigate firms' incentives to participation in standard consortia and collaboratively develop e-business standards. The model is empirically validated on a dataset of 237 firms from seven VSCs in service industries.
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