Standards, Innovation Incentives, and the Formation of Patent Pools

Schmidt, Klaus M. (November 2010): Standards, Innovation Incentives, and the Formation of Patent Pools. SFB/TR 15 Discussion Paper No. 342

Abstract

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 increasing patent pools.

• Item Type: Paper
• Keywords: Patent pools, standard setting organisations, innovation, complements problem, patent thicket
• Faculties: Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems; Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > A4 - Unvollständige Verträge, Marktinteraktion und soziale Vergleichsprozesse; Economics; Economics > Chairs > Seminar for Economic Theory
• Subjects: 300 Social sciences > 330 Economics
• JEL Classification: L15, L24, O3
• Language: English