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national incentives for patent protection? What is the rationale for international coordination over patent policies? Given …
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We show the impact of technology licensing on optimal patent policy. Strong patent protection that eliminates imitation … may not be the equilibrium outcome in the presence of licensing. Depending on the cost of innovation, licensing may either … increase or reduce the strength of the patent protection …
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Standards often require the use of patented technologies. Holders of standard-essential patents (SEPs) typically commit to make their patents available on "fair, reasonable and non-discriminatory" (FRAND) terms. National competition authorities increasingly intervene against perceived FRAND...
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