Risk and intellectual property in technical standard competition: A game theory perspective

摘要

Technical standard is typically characterized by network effect. The key point for a technical standard is the consumers' choice, which is based on consumers' maximum benefits. When a technical standard becomes a national standard, its interests have been integrated into the national interests. National interests are divided into economic profits and security factors. From the perspective of consumers' choice, this paper deals with the main factors which affect the result of technical standard competition- the risk and profits of intellectual property based on the assumption of bounded rationality and dynamic game theory.