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Extensive research has been conducted on the economics of standards in the last three decades. To date, standard-setting studies emphasize a superior role of demand-side-driven technology diffusion; these contributions assume the evolution of a user-driven momentum and network externalities. We...
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The term “joint venture” has no single definition under the antitrust laws, or in business. Where the joint venturers are actual or potential competitors, the venture could also be characterized as a “competitor collaboration.” In the majority of cases, joint ventures serve clearly...
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international Standard Development Organizations (SDO), we investigate how informal standardization consortia and patent pools … factors of these declarations. Controlling for the effects of standardization activity and increasing patent intensity in the … of standardization. We thus confirm results in the literature that patent pools provide incentives for opportunistic …
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The impact of patent pools on the rate and direction of technological change is an open question in both theoretical and empirical studies. Economic theory makes no unequivocal prediction. By contrast, empirical studies of patent pools, to date, have largely concluded that patent pools have been...
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incentives to invest in R&D by internalizing potential externalities. They may also enhance efficiency of standardization by …
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