The main lesson learned from the standards wars involving VHS and Betamax in VCRs and between the Apple Mac and IBM PC in personal computers was that liberal licensing of technology is the key to building market leadership.

Question

Quizplus · Accepted Answer

Liberal licensing allows for wider adoption and compatibility among different brands and technologies, ultimately leading to a larger market share. This was demonstrated in both the VCR and personal computer industry standards wars.

The Main Lesson Learned from the Standards Wars Involving VHS