are efficient even with market power from scarce capacity and Standard Essential Patents (SEPs). I show that a drastic … innovation with SEPs generates greater social welfare than a less efficient standard without SEPs. A key finding is that voting …

-competitive patent settlements and hold-ups in relation to standard setting processes, in addition to the modern focus on mergers that … potentially lessen incentives for innovation and on abuse of dominance/single firm exclusionary practices in IP-intensive network … importance for economic advancement and prosperity, having a direct bearing on innovation, growth and the diffusion of new …

. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the …