STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY
Using a simple model of patent licensing followed by product-market competition, this paper investigates several competition policy questions related to standard-setting organizations (SSO's). It concludes that competition policy should not favor patent-holders who practice their patents agains...
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| Format: | Article |
| Language: | en_US |
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Blackwell Publishing
2010
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| Online Access: | http://hdl.handle.net/1721.1/52729 https://orcid.org/0000-0001-6351-2300 |
| _version_ | 1826197168507060224 |
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| author | Schmalensee, Richard |
| author2 | Sloan School of Management |
| author_facet | Sloan School of Management Schmalensee, Richard |
| author_sort | Schmalensee, Richard |
| collection | MIT |
| description | Using a simple model of patent licensing followed by product-market competition, this paper investigates several competition policy questions related to standard-setting organizations (SSO's). It concludes that competition policy should not favor patent-holders who practice their patents against innovation specialists who do not, that SSO's should not be required to conduct auctions among patent-holders before standards are set in order to determine post-standard royalty rates (though less formal ex ante competition should be encouraged), and that antitrust policy should not allow or encourage collective negotiation of patent royalty rates. Some recent policy developments in this area are discussed. |
| first_indexed | 2024-09-23T10:43:34Z |
| format | Article |
| id | mit-1721.1/52729 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T10:43:34Z |
| publishDate | 2010 |
| publisher | Blackwell Publishing |
| record_format | dspace |
| spelling | mit-1721.1/527292022-09-27T14:32:27Z STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY Schmalensee, Richard Sloan School of Management Schmalensee, Richard Schmalensee, Richard Using a simple model of patent licensing followed by product-market competition, this paper investigates several competition policy questions related to standard-setting organizations (SSO's). It concludes that competition policy should not favor patent-holders who practice their patents against innovation specialists who do not, that SSO's should not be required to conduct auctions among patent-holders before standards are set in order to determine post-standard royalty rates (though less formal ex ante competition should be encouraged), and that antitrust policy should not allow or encourage collective negotiation of patent royalty rates. Some recent policy developments in this area are discussed. 2010-03-18T19:53:58Z 2010-03-18T19:53:58Z 2009-08 2008 Article http://purl.org/eprint/type/SubmittedJournalArticle 0022-1821 http://hdl.handle.net/1721.1/52729 Schmalensee, Richard. "STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY." The Journal of Industrial Economics 57.3 (2009): 526-552. https://orcid.org/0000-0001-6351-2300 en_US http://dx.doi.org/10.1111/j.1467-6451.2009.00388.x Journal of Industrial Economics Attribution-Noncommercial-Share Alike 3.0 Unported http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf Blackwell Publishing Richard Schmalensee |
| spellingShingle | Schmalensee, Richard STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY |
| title | STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY |
| title_full | STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY |
| title_fullStr | STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY |
| title_full_unstemmed | STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY |
| title_short | STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY |
| title_sort | standard setting innovation specialists and competition policy |
| url | http://hdl.handle.net/1721.1/52729 https://orcid.org/0000-0001-6351-2300 |
| work_keys_str_mv | AT schmalenseerichard standardsettinginnovationspecialistsandcompetitionpolicy |