Implementing a Technological Standard Like Wifi? Don’t Overlook Patents

Many technological standards (e.g. wifi, Bluetooth, USB) have been established to promote efficiency and interoperability.

This can lower costs for consumers by increasing manufacturing volumes and reducing switching costs for standardized components. Adoption of a standard is usually collaboratively determined by a standard-setting organization (SSO) made up of industry players including innovators, manufacturers, and implementers in relevant fields.

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