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Global Technology Markets

Author

Listed:
  • Ulf Petrusson

    (Ulf Petrusson is at the School of Business, Economics and Law, Gothenburg University. E-mail: ulf.petrusson@handels.gu.se)

  • Henrik Rosén

    (Henrik Rosén is at the School of Business, Economics and Law, Gothenburg University. E-mail: henrik.rosen@handels.gu.se)

  • Tobias Thornblad

    (Tobias Thornblad is at the School of Business, Economics and Law, Gothenburg University. E-mail: tobias.thornblad@gmail.com)

Abstract

This article analyses Open Intellectual Property (IP) platforms—where multiple stakeholders collaborate, package and transact upon technology in systems with ‘venture-market hybrid’ characteristics. Activities on these platforms typically include collective gathering, creation and development of knowledge assets to which openness is regulated through the determined level of access, ownership and utilisation rights. We analyse how IPRs (Intellectual Property Rights) and contracts operate as a set of self-regulatory tools in the construction of platforms where technology is accessed openly but still is priced on what could be described as technology markets. A case study of the GSM (Global System for Mobile Communication) platform illustrates a transition over time as a new logic for collaborative, market-based development coalesces. To further understand the underlying building blocks and enabling legal tools that provide the foundation for open IP platforms a framework is suggested. By applying the framework to the Innovative Medicines Initiative platform the tools that govern openness and stimulate creation of new knowledge markets are made visible.

Suggested Citation

  • Ulf Petrusson & Henrik Rosén & Tobias Thornblad, 2010. "Global Technology Markets," Review of Market Integration, India Development Foundation, vol. 2(2-3), pages 333-392, August.
    • Handle: RePEc:sae:revmar:v:2:y:2010:i:2-3:p:333-392
    DOI: 10.1177/097492921000200307
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    References listed on IDEAS

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    1. Cowan, Robin & Harison, Elad, 2001. "Intellectual property rights in a knowledge-based economy," Research Memorandum 026, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    2. Carl Shapiro, 2001. "Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting," NBER Chapters, in: Innovation Policy and the Economy, Volume 1, pages 119-150, National Bureau of Economic Research, Inc.
    3. Timothy S. Simcoe & Stuart J.H. Graham & Maryann P. Feldman, 2009. "Competing on Standards? Entrepreneurship, Intellectual Property, and Platform Technologies," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 18(3), pages 775-816, September.
    4. Dam, Kenneth W, 1994. "The Economic Underpinnings of Patent Law," The Journal of Legal Studies, University of Chicago Press, vol. 23(1), pages 247-271, January.
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