Risk aversion impedes innovation in information technology

Monday, May 2, 2016 - 09:30 in Mathematics & Economics

Smartphones and tablets come from Asia and America, European industry is far behind. Causes are unfolded by a new study, e.g. risk aversion made the companies offer own data services at high prices instead of using open internet. Competitive pressure by Europe-wide granting of mobile telephone licenses or deregulation of the radio spectrum might improve the situation.

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