This paper is a succinct response to the request for comments regarding the 2021 draft SEP policy statement by DOJ, USPTO, and NIST. I have tried to summarize several key insights from my previous research and policy experience that form the foundation for understanding SEP-enabled standards and...

This paper proposes a framework to analyze holdout in patent licensing negotiations. We show that when the validity of a patent is probabilistic, a potentialdownstream user has incentives to shun to pay the price offered by a patent holderto license the technology and risk being brought to...

Over the years, the debate surrounding standard essential patents (SEPs) has focused mainly on the economic and legal meanings of FRAND commitments. However, the assessment of SEPs’ true essentiality is a topic that has gained significant interest among policy makers. As the European...

Within the debate on the role of competition law in standard essential patents (SEPs) litigation, German case law has gained centre stage because of the number of decisions handed down and its traditional patent owner-friendly approach. As the framework handed down by the European Court of...

This paper has attempted a comprehensive investigation of the economic impact of patent holdout by (1) providing a theoretical foundation of patent holdout and its economic implications, (2) operationalizing this theory into several testable economic models, and (3) testing the models with...

This research looks at blockchain technology’s impact on enterprise strategy and the role of the chief strategy officer. It discusses new elements of strategic design and delivery — shared ledgers, smart contracts, and tokenized assets — and develops the concept of strategic liquidity, the...

I analyze standard setting organizations' decisions on licensing policy and standard's technological specification, and the ensuing implications for social welfare. I find the conditions under which a licensing rule that grants monopoly power to the licensors whose technology is adopted in the...

We study the licensing incentives of an independent input producer owning a patented product innovation which allows the downstream firms to improve the quality of their final goods. We consider a general two-part tariff contract for both outside and incumbent innovators. We find that technology...

The planning process presented in the paper outlines several methods of analysis that farm business managers can use to choose among three business position options. The five forces model is an effective tool for scanning the external business environment and assessing a business’s internal...

Alliances between competitors in which established firms provide access to proprietary resources, e.g. their distribution channels, are important business practices. We analyze a market where an established firm, firm A, produces a product of well-known quality, and a firm with an unknown brand,...