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Towards Patent Pools in Biotechnology?

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Author Info

  • Patrick Gaulé

    ()
    (Chaire en Economie et Management de l'Innovation, Ecole Polytechnique Fédérale de Lausanne)

Abstract

We analyze the extent to which patent pools (agreements where patent holders agree to license their intellectual property as a package) could be used as an institution to facilitate technology transactions in biotechnology. Patent pools have been used with success in the consumer electronics and other sectors but they are untested in biotechnology despite their transaction cost reducing potential. We suggest two explanations for the fact that patent pools have not been used in this industry. The first is that the current antitrust requirements are difficult to meet in biotechnology. The second is the availability of simpler alternatives that will often be more profitable to patent holders: aggregation of rights by one party and cross-licensing.

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Bibliographic Info

Paper provided by Ecole Polytechnique Fédérale de Lausanne, Collège du Management de la Technologie, Management of Technology and Entrepreneurship Institute, Chaire en Economie et Management de l'Innovation in its series CEMI Working Papers with number cemi-report-2006-010.

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Length: 19 pages
Date of creation: Apr 2006
Date of revision:
Handle: RePEc:cmi:wpaper:cemi-report-2006-010

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Related research

Keywords: patent pools; licensing; intellectual property management; biotechnology;

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Cited by:
  1. Thomas D. Jeitschko & Nanyun Zhang, 2012. "Adverse Effects of Patent Pooling on Product Development and Commercialization," EAG Discussions Papers 201205, Department of Justice, Antitrust Division.

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