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The Consortium Standard and Patent Pools
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Reiko Aoki and Sadao Nagaoka |
We examine patent pools in the context of a consortium standard. Although such pools of complementary technologies are approved by antitrust authorities, the actual implementation has proved to be problematic. We identify two possible obstacles: free riding and bargaining failure. We also examine the traditional RAND(reasonable and non-discriminatory)licensingcondition. We suggest formation, licensing and rent distribution methods more conducive to a successful patent pool operation. |
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Copyright (C) 2003 by Institute of Economic
Research.All rights reserved. |
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