We empirically examine the determinants of the price of patent licensing. We find factors affecting the profitability of patents and bargaining power of licensors and licensees are good predictors of the royalty rate of patent licensing, while proxies for the reservation price of licensors are...

We empirically examine the determinants of the price of patent licensing. We find factors affecting the profitability of patents and bargaining power of licensors and licensees are good predictors of the royalty rate of patent licensing, while proxies for the reservation price of licensors are...

This comment is submitted in response to the Japan Patent Office's request for comments on its Guidelines for Licensing Negotiations Involving Standard Essential Patents. The Global Antitrust Institute's Competition Advocacy Program provides a wide-range of recommendations to facilitate adoption...