particular industry - standards generate potential for market power far beyond the legal protection conferred by patents. Patent … that have fueled antitrust debates and economic research during the last decade. On the one hand, patent owners may be … tempted to collude by coordinating their licensing policies. The difficulty here is that some coordination between them within …

innovation for less than the full length of the patent and that royalty contracts can be more profitable than fixed-fee licensing …We model an innovator's choice of payment scheme and duration as a joint decision in a multi-period licensing game with … even in the absence of information asymmetry and risk aversion. Moreover, licensing contracts based on royalty have a …

heavy electrical industry firms, compares organization behaviour, management decision making, Innovation research and … the role of patents and licensing. Questionnaire. …

, but only for firms that engage in in-licensing and only for product innovation. The relationship between fragmentation and … into consideration the role played by in-licensing of IP. Controlling for a variety of firm and market characteristics, we … find that firms facing more fragmented IP landscapes are more likely to report expenditures on in-licensing and for those …

landscapes have a higher probability of in-licensing. For firms with small patent portfolios we also find a positive association … firms, taking into consideration the role played by in-licensing of IP. We find that firms facing more fragmented IP … between fragmentation and licensing costs as a share of sales. We observe a negative relationship between IP fragmentation and …

Innovation comprises the processes of invention and commercialization. While the importance of innovation, especially … innovation and, in particular, builds on the evolutionary explanation of technology development, the Teecian framework on … profiting from innovation, Transaction Cost Economics (TCE), the Knowledge-Based View (KBV), and open innovation and innovation …

This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … technology. However, when the model is extended to Stackelberg competition or licensing, the benefit of a broad patent scope to a …

property. It is organized around the two principal objectives of intellectual property law: promoting innovation and aesthetic … creativity (focusing on patent, trade secret, and copyright protection) and protecting integrity of the commercial marketplace … protection and other means of addressing the economic problem (such as public funding and prizes in the case of patent and …

innovation alone, it is not clear how obtaining IP rights will impact the choice between licensing product rights and continuing … the primary patent covering an innovation and whether the innovating firm's licenses its innovation or raises external … finance at certain stages of the firm/product's development, and thereby enable the firm to delay licensing, obtaining patent …