This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …) effects. Compulsory licensing is shown to have an unambiguously positive impact on consumer surplus. Compulsory licensing has …

importance for innovation, technology transfer and economic growth. As such, this important normative material also provides a … jurisdictions, comprising: (i) the treatment of licensing practices, including refusals to license; (ii) anti-competitive patent … settlements; (iii) issues concerning standard-essential patents (SEPs); (iv) the conduct of patent assertion entities (PAEs); and …

to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …

ordered to license all its copier-technology patents in the US and abroad. I show that this promoted innovation by other firms … available for licensing. This positive effect is driven by increased innovation by Japanese competitors. They started developing …How does antitrust enforcement against patent-based monopolies affect innovation? I address this question by …