Standards, Innovation Incentives, and the Formation of Patent Pools
نویسنده
چکیده
Technolgical standards give rise to a complements problem that affects pricing and innovation incentives of technology producers. In this paper I discuss how patent pools can be used to solve these problems and what incentives patent holders have to form a patent pool. I offer some suggestions how competition authorities can foster the formation of welfare increasing patent pools.
منابع مشابه
Coordination mechanisms around ICT standardization projects: Four empirical essays on patent pools and consortia
This thesis focuses on the impact of coordination mechanisms, createdaround technological standards with a special focus on 3rd generation Informationand Communication Technology, on innovation. We are particularly interested in twotypes of coordination mechanisms: patent pools and industry consortia. This thesis iscomprised of four econometric papers analyzing the impact of con...
متن کاملTitle Differentiated Standards and Patent Pools
We consider patent pool formation by owners of essential patents for differentiated standards that may be complements or substitutes in use. Pooling improves coordination in terms of royalty setting within a standard but provokes a strategic response from licensors in the competing standard. We characterise the incentives to form and defect from pools within standards and show how pool formatio...
متن کاملThe Effect of Patent Pools on Patenting and Innovation - Evidence from Contemporary Technology Standards
We analyze the effect of patent pools on the incentives to file patents related to a comprehensive sample of Information and Communication Technology (ICT) standards. We measure a positive effect of the announcement of a pool on the filing rates for standard-related patents. We identify an exogenous policy change between 1997 and 1999, when antitrust authorities adopted a more permissive stance...
متن کاملEssential Patents and Coordination Mechanisms The effects of patent pools and industry consortia on the interplay between patents and technological standards
This article investigates the interplay between formal standards, essential patents and informal industry alliances such as consortia and patent pools. Building upon more than 6.200 declarations of essential patents to major international Standard Development Organizations (SDO), we investigate how informal standardization consortia and patent pools influence the number and timing of patent dec...
متن کاملAdverse Effects of Patent Pooling on Product Development and Commercialization
The conventional wisdom is that the formation of patent pools is welfare enhancing when patents are complementary, since the pool avoids a double-marginalization problem associated with independent licensing. This conventional wisdom relies on the effects that pooling has on downstream prices. However, it does not account for the potentially significant role of the effect of pooling on downstre...
متن کامل