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. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large … patentee's product market. Here, transaction costs likely exceed the joint surplus of licensing, causing licensing failure. In …
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Standard-essential patents (SEPs) have become a key element of technical coordination in standard-setting organizations. Yet, in many cases, it remains unclear whether a declared SEP is truly standard-essential. To date, there is no automated procedure that allows for a scalable and objective...
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A "patent box" is a term for the application of a lower corporate tax rate to the income derived from the ownership of patents. This tax subsidy instrument has been introduced in a number of countries since 2000. Using comprehensive data on patents filed at the European Patent Office, including...
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available for licensing. This positive effect is driven by increased innovation by Japanese competitors. They started developing …
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