Showing 1 - 10 of 456
The doctrine of "patent exhaustion" implies that the authorized sale of patented goods "exhausts" the patent rights in … model of domestic patent exhaustion that incorporates transaction costs in consumer licensing, and examines how a shift in … patent policy from absolute to presumptive exhaustion, in which the patent owner can opt- out of exhaustion via contract …
Persistent link: https://www.econbiz.de/10011718680
legal principle of patent exhaustion. With perfect competition at the upstream and downstream stage, the choice of the … licensing segment is irrelevant for the patent holder and consumers. When exactly one segment of the value chain is monopolistic … while the other one is competitive, the patent holder prefers licensing at the monopolistic stage leading to an alignment of …
Persistent link: https://www.econbiz.de/10015052578
The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed...
Persistent link: https://www.econbiz.de/10011400807
Most patent pools are formed in the shadow of patent litigation as an attempt to settle disputes in regard to … incentives to form a patent pool or engage in cross-licensing arrangements in the presence of uncertainty as to the validity and … incentives. Antitrust implications of patent pools are considered. The effects of patent pools on third party incentives to …
Persistent link: https://www.econbiz.de/10011401377
This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …
Persistent link: https://www.econbiz.de/10010199442
Persistent link: https://www.econbiz.de/10003364003
We study the question whether a holder of standard essential patents (SEPs) should be allowed to choose the level in the value chain at which to offer a FRAND license to its SEPs. We give a pos-itive answer to this question for two reasons. First, the SEP holder and the social planner tend to...
Persistent link: https://www.econbiz.de/10012817846
We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an antitrust lawsuit that charged Bell with having...
Persistent link: https://www.econbiz.de/10011610914
deter entry with the threat of patent litigation. We show that a positive cross-licensing royalty rate, which would …
Persistent link: https://www.econbiz.de/10011873750
In the pharmaceutical industry, firms frequently engage in licensing agreements to overcome innovation challenges and keep up with the pace of developing new drugs. Licensing helps firms jointly develop new drugs and acquire external knowledge, which helps improve their internal drug...
Persistent link: https://www.econbiz.de/10012219514