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 …

Are we underestimating the costs of patent protection? Scholars have long recognized that patent law is a double …-edged sword. While patents promote innovation, they also limit the number of people who can benefit from new inventions. In the … past, policymakers striving to balance the costs and benefits of patents have analyzed patent law through the lens of …

The conventional wisdom is that the formation of patent pools is welfare enhancing when patents are complementary … role of the effect of pooling on innovation. The focus of this paper is on (downstream) product development and … and either increases spillovers in development or decreases the degree of product differentiation, patent pools can …

,000 assets, an estimated 80 percent of all patents and applications offered for sale by patent brokers between 2012 and 2016. We … benefits of patent monetization, and the brokered market’s ability to measure the impact of changes to patent law …

social welfare, and promotes upstream innovation as licensing revenue is increased. In an extended model with each licensor …

When innovation is cumulative, early patentees hold claims against later innovators. Then potential hold-up may cause …

innovation are both possible. For private firms, we model a variety of possible business models from completely closed to fully … open, and find that opening a platform can increase profits based on network effects exclusively, innovation exclusively …, or both. A firm's ability to control downstream innovation gives it reaon to rationally behave more like a social planner …

tacit knowledge and incomplete patents. -- Patent Pools ; Research and Development ; Innovation ; Tacit Knowledge …The conventional wisdom is that the formation of patent pools is welfare enhancing when patents are complementary … role of the effect of pooling on downstream innovation. The focus of this paper is on downstream product development and …

innovation. Competition is characterized by the size of the shared component of the product which determines the degree of …