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Title: Intellectual Property and Consortium Standard Patent Pools
Authors: Aoki, Reiko
Keywords: Patent pools;free rider problems;heterogeneity
Issue Date: May-2005
Publisher: CSIR
Abstract: In this paper, patent pools are examined 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. The two possible obstacles are free riding and heterogeneous membership. Free riding on the standard gives incentive for firms to always become an outsider. Heterogeneous membership makes equal treatment of members and licensees [(part of reasonable and non-discriminatory (RAND) policy)] leading to unfair distribution of revenue.
Page(s): 206-213
ISSN: 0971-7544
Appears in Collections:JIPR Vol.10(3) [May 2005]

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