This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Efficient Patent Pools

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Josh Lerner
Jean Tirole

Additional information is available for the following registered author(s):

Abstract

The paper builds a tractable model of patent pools, agreements among patent owners to license sets of their patents. It provides a necessary and sufficient condition for patent pools to enhance welfare and shows that requiring pool members to be able to independently license patents matters if and only if the pool is otherwise welfare reducing. The paper allows patents to differ in importance, asymmetric blocking patterns, and licensors to also be licensees. We undertake some initial exploration of the impact of pools on innovation. The analysis has broader applicability than pools, being relevant to a number of co-marketing arrangements.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help file. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.aeaweb.org/aer/contents/june2004.html
File Format: application/pdf
File Function:
Download Restriction: Access to full text is restricted to AEA members.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 94 (2004)
Issue (Month): 3 (June)
Pages: 691-711
Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Handle: RePEc:aea:aecrev:v:94:y:2004:i:3:p:691-711

Contact details of provider:
Email:
Web page: http://www.aeaweb.org/aer/
More information through EDIRC

Order Information:
Web: http://www.aeaweb.org/subscribe.html

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Rasmusen, Eric, 1988. "Entry for Buyout," Journal of Industrial Economics, Blackwell Publishing, vol. 36(3), pages 281-99, March. [Downloadable!] (restricted)
  2. LERNER, Josh & STROJWAS, Marcin & TIROLE, Jean, 2005. "The Design of Patent Pools: The Determinants of Licensing Rules," IDEI Working Papers 187, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
  3. Hausman, Jerry A & Leonard, Gregory K & Tirole, Jean, 2003. " On Nonexclusive Membership in Competing Joint Ventures," RAND Journal of Economics, The RAND Corporation, vol. 34(1), pages 43-62, Spring.
    Other versions:
  4. Brueckner, Jan K & Whalen, W Tom, 2000. "The Price Effects of International Airline Alliances," Journal of Law & Economics, University of Chicago Press, vol. 43(2), pages 503-45, October.
  5. Vincenzo Denicolò, 2002. "Sequential innovation and the patent-antitrust conflict," Oxford Economic Papers, Oxford University Press, vol. 54(4), pages 649-668, October.
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. LERNER, Josh & STROJWAS, Marcin & TIROLE, Jean, 2005. "The Design of Patent Pools: The Determinants of Licensing Rules," IDEI Working Papers 187, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
  2. Reiko Aoki & Sadao Nagaoka, 2004. "The Consortium Standard and Patent Pools," Hi-Stat Discussion Paper Series d04-32, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
  3. Mario Calderini & Giuseppe Scellato, 2004. "Intellectual property rights as strategic assets: the case of european patent opposition in the telecommunication industry," CESPRI Working Papers 158, CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy, revised Jul 2004. [Downloadable!]
  4. Bruno Versaevel & Vianney Dequiedt, 2007. "Patent Pools and the Dynamic Incentives to R&D," Working Papers 0703, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure. [Downloadable!]
    Other versions:
  5. Derek J. Clark & Kai A. Konrad, 2006. "Fragmented property rights and R&D competition," Discussion Papers 123, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
  6. Dequiedt, V. & Menière, Y. & Trommetter, M., 2007. "Collective management of intellectual property rights," Working Papers 200703, Grenoble Applied Economics Laboratory (GAEL). [Downloadable!]
  7. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
  8. Langinier, Corinne, 2006. "Pool of Basic Patents and Follow-up Innovations," Staff General Research Papers 12647, Iowa State University, Department of Economics. [Downloadable!]
  9. Marc Bourreau & Pinar Dogan & Matthieu Manant, 2007. "Modularity and Product Innovation in Digital Markets," Review of Network Economics, Concept Economics, vol. 6(2), pages 175-193, June. [Downloadable!]
  10. Jay Pil Choi, 2003. "Pools and Cross-Licensing in the Shadow of Patent Litigation," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
  11. Jo Reynaerts & Patrick Van Cayseele, 2007. "Complementary Platforms," LICOS Discussion Papers 18607, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
  12. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2005. "Patents Hinder Collusion," Industrial Organization 0503015, EconWPA. [Downloadable!]
  13. Jeffrey L. Furman & Scott Stern, 2006. "Climbing Atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research," NBER Working Papers 12523, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  14. Alexandre Almeida & Aurora A.C. Teixeira, 2007. "Does Patenting negatively impact on R&D investment?An international panel data assessment," FEP Working Papers 255, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
  15. Andrei Hagiu, 2004. "Two-Sided Platforms: Pricing and Social Efficiency," Discussion papers 04035, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
  16. Josh Lerner & Jean Tirole & Marcin Strojwas, 2003. "Coopoerative Marketing Agreements Between Competitors: Evidence from Patent Pools," NBER Working Papers 9680, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  17. Cugno Franco & Ottoz Elisabetta, 2007. "Patent-secret mix in complex product firms," Department of Economics Working Papers 200707, University of Turin. [Downloadable!]
  18. Tina Heubeck, . "The Collective Selling of Broadcasting Rights in Team Sports," German Working Papers in Law and Economics 2004-1-1091, Berkeley Electronic Press. [Downloadable!]
  19. REY, Patrick & TIROLE, Jean, 2007. "Financing and Access in Cooperatives," IDEI Working Papers 404, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    Other versions:
  20. Schneider, Cédric, 2005. "Fences and competition in patent races," MPRA Paper 2087, University Library of Munich, Germany. [Downloadable!]
  21. Ganslandt, Mattias, 2008. "Intellectual Property Rights and Competition Policy," Working Paper Series 726, Research Institute of Industrial Economics. [Downloadable!]
  22. GRIMAUD, André & TOURNEMAINE, Frédéric, 2004. "Social Value of Innovations, Distortions and R&D Investment: First Best versus Second Best Equilibria in Growth Models," IDEI Working Papers 279, Institut d'Économie Industrielle (IDEI), Toulouse, revised Dec 2004. [Downloadable!]
  23. Patrick Gaulé, 2006. "Towards Patent Pools in Biotechnology?," CEMI Working Papers cemi-report-2006-010, Ecole Polytechnique Fédérale de Lausanne, Chaire en Economie et Management de l'Innovation. [Downloadable!]
  24. GRIMAUD, André & TOURNEMAINE, Frédéric, 2003. "Funding Directly Research in Growth Models Without Intermediate Goods," IDEI Working Papers 207, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
Statistics
Access and download statistics

Did you know? All the bibliographic data shown here has been contributed by volunteers, thereby helping to keep this service free.

This page was last updated on 2008-7-16.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.