Which mechanism for the development of a technical standard was in effect when Sony and Philips worked together on developing a standard for compact disk technology?
A) nature of technology
B) competition between firms
C) chance occurrence
D) cooperation between firms

Question

Quizplus · Accepted Answer

Sony and Philips collaborated to develop a standard for compact disk technology, which is an example of cooperation between firms.

Which Mechanism for the Development of a Technical Standard Was