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Business Quote by Evgeny Morozov

“In business, standards establish the rules of the game, creating path dependencies as investments are made and corresponding designs are set in stone and plastic. Inferior standards can prevail due to smart marketing or industry collusion.” quote by Evgeny Morozov
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“In business, standards establish the rules of the game, creating path dependencies as investments are made and corresponding designs are set in stone and plastic. Inferior standards can prevail due to smart marketing or industry collusion.”

Evgeny Morozov

About This Quote

Standards shape market dynamics, locking in early investments and designs; weak standards survive when marketing or collusion outweighs merit.

In simple terms: Rules lock in choices; bad rules persist if promoted well.

Key Takeaway

Standards create lock‑in effects and can be manipulated.

Themes

economics standards path dependence marketing collusion

Mood

analytical cautious

Type

observation warning

When to use this quote

  • tech companies adopting proprietary formats
  • industry standards bodies voting on protocols
  • consumers facing locked‑in ecosystems

Key Concepts

network effects institutional inertia

Practical Applications

  • evaluate long‑term flexibility before adopting a standard
  • monitor market for anti‑competitive marketing

Questions to Reflect On

  • How can firms balance early adoption with future flexibility?
  • When does marketing outweigh technical merit?
A Different Perspective

Strong standards can also drive interoperability and innovation when well‑designed.

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