The antecedents and consequences of technology standardizations in Korean IT small and medium-sized enterprises

With rapid changes in the business environment, leading or utilizing technology standards may help firms gain better performance through competitive advantage. Such activities related to technology standards are likely to provide numerous opportunities or benefits to small and medium-sized enterprises (SMEs) in the highly technological divide among firms. However, few studies have paid attention to drivers, obstacles, and results of technology standards activities in SMEs. Consequently, this study bridges this research gap by identifying the factors influencing technology standardizations, which in turn contribute to firm performance in SMEs. The analytic results of survey data collected from 250 SMEs in the Korean IT sector reveal that all technology standardizations have an effect firm performance. Benefits from standards, R&D capability, and insufficient resources are influential factors of all technology standardizations. However, support of related institutes only affects inbound standardization. This study discusses theoretical and practical implications on technology standardizations in SMEs based on these findings.