Risk aversion impedes innovation in information technology

Smartphones and tablets come from Asia and the USA, German and European industry is far behind. The causes are dealt with by a study of KIT published in the journal Telecommunications Policy. According to this study, risk aversion made the companies offer own data services at a high price instead of using the open internet. Competitive pressure by Europe-wide granting of mobile telephone licenses or the deregulation of the radio spectrum might improve the situation. Computers protected against the manipulation of data also open up market chances.

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