Title: Technological Standards, Innovation, and Essential Facilities: Toward a Schumpeterian Post-Chicago Approach
Abstract: In this essay, I attempt to take seriously Schumpeter?s perspective on competition as fundamentally about innovation. Drawing on literatures that concern themselves centrally with the patterns and processes of technological change, I focus on a set of issues very much on the present-day agenda: antitrust policy toward network industries in which technological standards are important. As both scholars and legal cases have suggested, one might logically view a set of standards as an ?essential facility? ? a technological bottleneck ? for those who wish to connect to the network.