The DOI matches its Crossref record; 51 of the 51 references it cites were found in a registry or an index.
The impact of standards and regulation on innovation in uncertain markets
Open accessAbstract
This study analyses the impact of formal standards and regulation on firms’ innovation efficiency, considering different levels of market uncertainty. We argue that formal standards and regulation have different effects, depending on the extent of market uncertainty derived from theoretical considerations about information asymmetry and regulatory capture. Our empirical analysis is based on the German Community Innovation Survey (CIS). The results show that formal standards lead to lower innovation efficiency in markets with low uncertainty, while regulations have the opposite effect. In cases of high market uncertainty, we observe that regulation leads to lower innovation efficiency, while formal standards have the reverse effect. Our results have important implications for the future application of both instruments, showing that their benefits heavily depend on the market environment.
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Cites
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The Theory of Economic Regulation
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Cited by
Unveiling the impact of the adoption of digital technologies on firms’ innovation performance
Usai, A., Fiano, F., Messeni Petruzzelli, A., Paoloni, P., Farina Briamonte, M., & Orlando, B. (2021) · Journal of Business Research · doi:10.1016/j.jbusres.2021.04.035 · Cited by 553
Fang, Z., Razzaq, A., Mohsin, M., & Irfan, M. (2022) · Technology in Society · doi:10.1016/j.techsoc.2021.101844 · Cited by 380
Kabir, E., Kaur, R., Lee, J., Kim, K.-H., & Kwon, E. E. (2020) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2020.120536 · Cited by 371
Kharrazi, H., Gonzalez, C. P., Lowe, K. B., Huerta, T. R., & Ford, E. W. (2018) · Journal of Medical Internet Research · doi:10.2196/10458 · Cited by 84
Papyshev, G., & Yarime, M. (2024) · AI & SOCIETY · doi:10.1007/s00146-022-01611-y · Cited by 27
Metadata
- Authors
- Blind, K., Petersen, S. S., & Riillo, C. A. F.
- Venue
- Research Policy
- Publisher
- Elsevier BV
- Published
- 2017-02
- Volume
- 46
- Issue
- 1
- Pages
- 249-264
- ISSN
- 0048-7333 (ISSN-L)
- OpenAlex
- W2558063281
- Cited by
- 366
- References
- 51
- FWCI
- 62.45
- Type
- journal article
- Language
- en
- Open access
- hybrid
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.