Patents and the Performance of Voluntary Standard Setting Organizations
AbstractVoluntary standard setting organizations (SSOs) are a common feature of systems industries, where firms supply inter-operable components for a shared technology platform. These institutions promote coordinated innovation by providing a forum for collective decision-making and a potential solution to the problem of fragmented and overlapping intellectual property rights. This paper examines the economic and technological significance of SSOs by analyzing the flow of citations to a sample of U.S. patents disclosed during the standard-setting process. Our main results show that the age distribution of SSO patent citations is shifted towards later years (relative to an average patent), and that citations increase substantially following standardization. These results suggest that SSOs identify promising technologies and influence their subsequent adoption.
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Bibliographic InfoPaper provided by Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University in its series PIE/CIS Discussion Paper with number 418.
Length: 41 p.
Date of creation: Mar 2009
Date of revision:
Note: Submitted to Management Science; manuscript 00631-2007.R2
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standards; compatibility; platform; intellectual property; patents; cumulative innovation;
Other versions of this item:
- Marc Rysman & Timothy Simcoe, 2008. "Patents and the Performance of Voluntary Standard-Setting Organizations," Management Science, INFORMS, vol. 54(11), pages 1920-1934, November.
- Marc Rysman & Tim Simcoe, 2005. "Patents and the Performance of Voluntary Standard Setting Organizations," Working Papers 05-22, NET Institute, revised Oct 2005.
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- repec:rdg:emxxdp:em-dp2009-08 is not listed on IDEAS
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