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Many high technology goods are based on standards that require several essential patents owned by different IP holders. This gives rise to a complements and a double mark-up problem. We compare the welfare effects of two different business strategies dealing with these problems. Vertical...
Persistent link: https://www.econbiz.de/10003909249
The infamous Blackberry case brought new attention to so-called 'patent trolls' and began the general association of trolls with 'non-practicing' patent holders. This has had important legal consequences: Namely, patent holders have been denied injunctive relief because they did not practice the...
Persistent link: https://www.econbiz.de/10003909252
This paper uses the License of Right (LOR) provision implemented in Section 23 of the German Patent Act to answer the … the welfare implications of having a License of Right system? Section 23 of the German Patent Act grants a patentee a 50 …. Nevertheless, for a small fraction of patents a commitment to license non-exclusively may even increase the returns from patent …
Persistent link: https://www.econbiz.de/10010343808
Many high technology goods are based on standards that require access to several patents that are owned by different IP holders. We investigate the royalties chosen by IP holders under different market structures. Vertical integration of an IP holder and a downstream producer solves the double...
Persistent link: https://www.econbiz.de/10010343929