"The collaboration and efficiency achieved by standards and
the SDOs that create them advance the state of technology and
business. However, this same collaboration creates crowded
innovation spaces in which competitors are simultaneously
innovating to solve the same problem."
As far back as the Roman Empire, standardization has improved
the efficiency of human endeavors. In the present day, as
high-bandwidth communication and Internet of Things (IoT)
applications expand, standardization continues to be key in
advancing new technologies. From the standpoint of protecting
intellectual property, however, the collaboration required to
standardize a technology presents unique challenges, as industry
competitors disclose and assess various options for the
standard.