Licensing Essential Patents: The Non‐Discriminatory Commitment and Hold‐Up
Licensing Essential Patents: The Non‐Discriminatory Commitment and Hold‐Up
复制标题
许可必要专利:非歧视性承诺和敲诈勒索
DOI:
10.1111/joie.12177
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发表时间:
2018
期刊:
影响因子:
--
通讯作者:
Jie Shuai
中科院分区:
文献类型:
--
作者:
Youping Li;Jie Shuai
Licensors of patents essential to a standard are often required to license on reasonable and non‐discriminatory (RAND) terms. Using a model with owners of essential patents and licensees who invest into standard‐conforming technologies, this paper demonstrates that the non‐discriminatory commitment alleviates the hold‐up problem. Moreover, it improves consumer and social welfare, and promotes upstream innovation as licensing revenue is increased. In an extended model with each licensor independently choosing whether to make the commitment, all licensors voluntarily commit in the unique equilibrium.
影响因子:
2.8
作者:
Leveque;F.;Meniere;Y.
通讯作者:
Y.