The European Commission has the power to inspire, initiate and sponsor huge transnational projects to an extent impossible for most other entities. These projects can address universal themes and develop well-being models that are valuable across a diversity of societies and economies. It is a...

In many industries broad cross-license agreements are considered a useful method to obtain freedom to operate and to avoid patent litigation. In this paper I study the previously neglected dynamic trade-off between litigating and cross-licensing that firms face to protect their intellectual...