Do Markets Prefer Open or Proprietary Standards for XML Standardization? An Event Study
International Journal of Electronic Commerce
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This paper develops the argument that many Information Technology standardization processes are in transition from being controlled by standards creators to being controlled by standards implementers. The users of standardized implementations also have rights that they wish addressed. Ten basic rights of standards creators, implementers and users are identified and quantified. Each of these ten rights represents an aspect of Open Standards. Only when all ten rights are supported will standards be open to all.