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Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology … producers. In this paper I discuss how patent pools can be used to solve these problems and what incentives patent holders have … to form a patent pool. I offer some suggestions how competition authorities can foster the formation of welfare …
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discourages entry and reduces innovation incentives, while horizontal integration always benefits from entry and innovation …
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I develop a stylized model of court procedures that resolve disputes concerning FRAND-encumbered standard essential patents (SEPs). I analyze the effects of injunctions and potential court-imposed FRAND rates on negotiated royalty rates. The SEP-holders' ability to hold-up is constrained by the...
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innovation with SEPs generates greater social welfare than a less efficient standard without SEPs. A key finding is that voting …
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In today's technology-driven world, industry standardization, component interoperability, and product …-compatibility have become critical to promoting innovation and competition. Standards are typically created by voluntary organizations …
Persistent link: https://www.econbiz.de/10014057543